Small Business Loans for Photography Studios, Portrait
Looking for small business loans for photography studios, portrait? The SBA may be the answer. This $863,000 photography studios, portrait loan was issued by a Rhode Island bank.
This company knew how to go about getting a business bank loan. Based in East Greenwich Phot0 And Studi, Rhode Island, they applied for and were awarded an SBA-guaranteed loan in 2000. The lending bank was Rbs Citizens, based in Providence, Rhode Island.
SBA Loan Borrower
COMPANY TYPE: PHOTOGRAPHIC STUDIOS, PORTRAIT
EAST GREENWICH PHOT0 AND STUDI, RI 02818
SBA Loan Lender
RBS CITIZENS
ONE CITIZENS PLAZA
PROVIDENCE, RI 02903
The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide business loans to American small businesses.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
7221 - Photographic Studios, Portrait
NAICS Code
541921 - Photography Studios, Portrait
Loan Approval Date
7/13/2000
Loan Approval Gross Amount
$863,000
Loan Approval from the SBA
Of the total $863,000 loan amount, the SBA guaranteed $647,250.
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 28 employees. The SBA loan documents did not indicate that the business planned to use the funding to hire new employees or retain any existing employees.
Getting an SBA Loan For Your Business
SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.
We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.
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:
How to Raise Money
SBA 7A Lenders in Providence, Rhode Island
Rhode Island SBA Bank Lenders