Loan Census Banking News and Information
April 25, 2024  
 
 
  Business Loan Information  
 

Who Lends Money to Goodwater Entrepreneurs

 

 
Loan Census SBA Loan Info

Company Gets an Alabama Bank Loan

Want an Alabama SBA loan? This Alabama entrepreneur got an SBA loan, provided by a California bank that works with the SBA to help small business owners.

You can learn something about getting a small business loan in Goodwater, Alabama by studying this loan to a local business, made back in 2007. Banks like Innovative Bank may also be willing to lend to you, given that they granted this small business loan.

SBA Loan Borrower

COMPANY TYPE: APPRENTICESHIP TRAINING
GOODWATER, AL 35072

SBA Loan Lender

INNOVATIVE BANK
360 14TH ST
OAKLAND, CA 94612

The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide SBA loans to American small businesses.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

611513 - Apprenticeship Training

Loan Approval Date

8/9/2007

Loan Approval Gross Amount

$5,000

Loan Approval from the SBA

Of the total $5,000 loan amount, the SBA guaranteed $4,250.

More Information on This SBA Loan

The borrower borrowed this money for a new 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 3 employees. The loan application indicated that the loan would help generate 4 new jobs and retain 7 existing jobs.

Next Steps for Getting an SBA Loan

If you are working on finding money to start a business in Goodwater AL, you ought to talk with a local Goodwater SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Goodwater businesses.

We can help you find the best banks for small businesses in Goodwater 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:

Raising Venture Capital

Best Banks in Oakland, California

SBA Lenders in California