Photography Studios, Portrait Loans
With these loans for photography studios, portrait, the SBA guarantees the lender that the loan will be repaid. This photography studios, portrait loan for $334,500 was given to a Missouri entrepreneur in 2005.
Getting a small business loan in Kansas City, Missouri was important for this company back in 2005 and, based on their loan application, they were successful in getting an SBA loan from Country Club Bank, operating out of Shawnee Mission, Kansas. Here are the details on this Missouri small business loan.
SBA Loan Borrower
COMPANY TYPE: PHOTOGRAPHY STUDIOS, PORTRAIT
KANSAS CITY, MO 64114
SBA Loan Lender
COUNTRY CLUB BANK
9400 MISSION RD
SHAWNEE MISSION, KS 66206
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
6/7/2005
Loan Approval Gross Amount
$334,500
Loan Approval from the SBA
Of the total $334,500 loan amount, the SBA guaranteed $250,875.
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 2 employees. This SBA loan request indicated that the loan would help generate 2 new jobs and retain 2 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.
While you may be able to find business people willing to loan money, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications 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:
Determining Proper Capital Structure for a Business
Small Business Banks in Shawnee Mission, Kansas
Where to Get an SBA Loan Kansas