Financing for Photography Studios, Portrait

Looking for loans for photography studios, portrait? Try the SBA. This $14,700 photography studios, portrait loan was issued by a Texas bank.

Getting a small business loan in Abilene, Texas was important for this growing firm back in 2007 and, based on their loan application, they were successful in getting an SBA loan from 1st National Bank - Baird, operating out of Baird, Texas. Here are the details on this Texas small business loan.

SBA Loan Borrower

COMPANY TYPE: PHOTOGRAPHY STUDIOS, PORTRAIT
ABILENE, TX 79605

SBA Loan Lender

1ST NATIONAL BANK - BAIRD
244 MARKET ST
BAIRD, TX 79504

This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

541921 - Photography Studios, Portrait

Loan Approval Date

5/25/2007

Loan Approval Gross Amount

$14,700

Loan Approval from the SBA

Of the total $14,700 loan amount, the SBA guaranteed $12,495.

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 only one employee. The SBA loan application for the borrower did not indicate that the business planned to use the funding to add employees or retain any existing employees.

Next Steps for Getting an SBA Loan

SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory.

This company got an SBA loan. You can too! Maybe you need seed money for business? Maybe you have a business and need capital to get to the next level? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.

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:

Equity Financing

Banks in Baird, Texas

Getting an SBA Loan in Texas