How to Get a Loan for Photofinishing Laboratories

Looking for SBA loans for photofinishing laboratories? The SBA may be the answer. This $423,300 photofinishing laboratories loan was issued by a Minnesota bank.

Getting a small business loan in Golden Valley, Minnesota was important for this small business back in 2001 and, based on their loan application, they were successful in getting an SBA loan from University Finan Corp. Dba Sun, operating out of Saint Paul, Minnesota. Here are the details on this Minnesota small business loan.

SBA Loan Borrower

COMPANY TYPE: PHOTOFINISHING LABORATORIES
GOLDEN VALLEY, MN 55427

SBA Loan Lender

UNIVERSITY FINAN CORP. DBA SUN
200 UNIVERSITY AVE WEST
SAINT PAUL, MN 55103

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

812921 - Photofinishing Laboratories

Loan Approval Date

7/11/2001

Loan Approval Gross Amount

$423,300

Loan Approval from the SBA

Of the total $423,300 loan amount, the SBA guaranteed $317,475.

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 26 employees. The SBA loan documents indicated that the loan would help retain 26 existing jobs.

Start the Process for Getting an SBA Loan Today!

SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA.

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like University Finan Corp. Dba Sun are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there 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.

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