Louisville, KY Entrepreneur Gets SBA Loan to Buy Glamour Shots Franchise

Need money to buy a Glamour Shots franchise? Republic Bank & Trust Company has a history of making these loans and they are guaranteed by the SBA.

Want to borrow money to buy a Glamour Shots franchise? If so, here's a 2001 SBA franchise loan that you should know about. Republic Bank & Trust Company was the lender and the entrepreneur was based in Louisville, Kentucky.

SBA Loan Borrower

GLAMOUR SHOTS
LOUISVILLE, KY 40297

SBA Loan Lender

REPUBLIC BANK & TRUST COMPANY
601 W MARKET ST, REPUBLIC COR
LOUISVILLE, KY 40202

This loan was provided via the SBA's LowDoc (Low Documentation) program. For these loans, the SBA can guarantee up to 80 percent of the loan amount. More importantly, completed applications are processed quickly by the SBA, usually within two or three days, and the required documentation to get a loan is minimal.

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

4/19/2001

Loan Approval Gross Amount

$80,000

Loan Approval from the SBA

Of the total $80,000 loan amount, the SBA guaranteed $68,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Glamour Shots franchise. At the time of the loan, the company had 7 employees. This SBA loan request did not indicate that the company planned to use the loan proceeds to increase staffing levels or retain any existing employees.

Next Steps for Getting an SBA Loan

The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.

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.

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