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April 28, 2024 |
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| Home > Small Business Lenders by State > Georgia Business Loan Sources > Oakland, Business Loans > Innovative Bank Oakland Business Loans > Jewelry Stores Loan | ||||
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Atlanta, Georgia Bank Loan
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Financing for Jewelry StoresLooking for loans for jewelry stores? Talk to a banker who works with the SBA. This $35,000 jewelry stores loan was issued by a California bank. Getting a small business loan in Atlanta, Georgia was important for this company back in 2007 and, based on their loan application, they were successful in getting an SBA loan from Innovative Bank, operating out of Oakland, California. Here are the details on this Georgia small business loan. SBA Loan Borrower COMPANY TYPE: JEWELRY STORES SBA Loan Lender INNOVATIVE BANK This lender issued this commercial loan under the SBA's 7A loan, in which the SBA provides guaranteed loans to small business owners. This lending program began in 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 448310 - Jewelry Stores Loan Approval Date 11/20/2007 Loan Approval Gross Amount $35,000 Loan Approval from the SBA Of the total $35,000 loan amount, the SBA guaranteed $29,750. More Information on This SBA Loan The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 7 employees. The SBA loan documents indicated that the loan would help generate 3 new jobs and retain 3 existing jobs. Start the Process for Getting an SBA Loan Today! Every year, the SBA guarantees over $10 billion for loans just like this one. We can help you find the best banks for small businesses in Atlanta or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success. About This SBA Loan Information: All SBA loan data displayed above comes from the government's publicly available SBA loan database. Information on this page is provided by the Gaebler.com news organization to inform business owners, aspiring entrepreneurs and others about SBA loan activity. LoanCensus.com does not assist businesses with obtaining SBA loans and was not involved in any way with this transaction. For additional information, see our Loan Information FAQ. Related Links: SBA Participating Banks in Oakland, California
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