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May 3, 2024 |
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| Home > Small Business Lenders by State > Kansas Business Loan Sources > Oakland, Business Loans > Innovative Bank Oakland Business Loans > Tax Preparation Services Loan | ||||
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Innovative Bank SBA 7A Loans
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Financing for Tax Preparation ServicesLooking for loans for tax preparation services? Try the SBA. This $5,000 tax preparation services loan was issued by a California bank. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Wichita, Kansas was able to borrow $5,000 from Innovative Bank. The SBA made the loan possible by guaranteeing $4,250 of this Kansas small business loan. SBA Loan Borrower COMPANY TYPE: TAX PREPARATION SERVICES SBA Loan Lender INNOVATIVE BANK This lender issued this business loan under the SBA's 7A loan, in which the SBA provides guaranteed loans to small business owners. This lending program dates back to 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 541213 - Tax Preparation Services Loan Approval Date 10/15/2004 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 an existing business. This loan was not for a franchise. At the time of the loan, the company had only one employee. The loan application indicated that the loan would help generate 2 new jobs and retain 1 existing job. Start the Process for Getting an SBA Loan Today! For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing. Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $5,000 loan. Remember, you control your own destiny. 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 Banks in Oakland, California
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