Small Business Loans for Photographic Equipment and Supplies Wholesalers
With these small business loans for photographic equipment and supplies wholesalers, the SBA guarantees the lender that the loan will be repaid. This photographic equipment and supplies wholesalers loan for $89,500 was given to an Ohio entrepreneur in 2001.
This small firm knew how to go about getting a business bank loan. Based in Cheviot, Ohio, they applied for and were awarded an SBA-guaranteed loan in 2001. The lending bank was Keybank National Association, based in Cleveland, Ohio.
SBA Loan Borrower
COMPANY TYPE: PHOTOGRAPHIC EQUIPMENT AND SUPPLIES WHOLESALERS
CHEVIOT, OH 45211
SBA Loan Lender
KEYBANK NATIONAL ASSOCIATION
127 PUBLIC SQ
CLEVELAND, OH 44114
This lender processed this bank loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.
SBA Loan Program Type
This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.
NAICS Code
421410 - Photographic Equipment and Supplies Wholesalers
Loan Approval Date
6/13/2001
Loan Approval Gross Amount
$89,500
Loan Approval from the SBA
Of the total $89,500 loan amount, the SBA guaranteed $44,750.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had 3 employees. The SBA loan application for the borrower indicated that the loan would help generate 2 new jobs and retain 3 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
Many small businesses receive loans backed by the U.S. Small Business Administration.
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 $89,500 loan. Remember, things become real when you believe you can achieve them!
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:
SBIR Funding
SBA 7A Banks in Cleveland, Ohio
Browse All Business Loan Sources for Ohio