One-Hour Photofinishing Bank Loans

Looking for bank loans for one-hour photofinishing? Try the SBA. This $75,000 one-hour photofinishing loan was issued by a Nebraska bank.

This small firm received financial assistance through the SBA's lending programs back in 2003. They applied for an SBA loan with Bankfirst, out of Norfolk, Nebraska. The loan was granted and they received $75,000 to help grow their Norfolk, Nebraska business.

SBA Loan Borrower

COMPANY TYPE: PHOTOFINISHING LABORATORIES
NORFOLK, NE 68701

SBA Loan Lender

BANKFIRST
100 N 13TH ST
NORFOLK, NE 68701

The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide loans to to entrepreneurs who might have trouble getting a conventional bank loan.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

7384 - Photofinishing Laboratories

NAICS Code

812922 - One-Hour Photofinishing

Loan Approval Date

11/24/2003

Loan Approval Gross Amount

$75,000

Loan Approval from the SBA

Of the total $75,000 loan amount, the SBA guaranteed $63,750.

More Information on This SBA Loan

The borrower borrowed this money for a new 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 11 employees. The SBA loan documents did not indicate that the company planned to use the loan proceeds to increase staffing levels or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Bankfirst and they will explain how you can get an SBA loan for your company.

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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