Bank Loans for Commercial Photography
With these bank loans for commercial photography, the SBA guarantees the lender that the loan will be repaid. This commercial photography loan for $257,500 was given to a Nebraska entrepreneur in 2007.
Getting a small business loan in Omaha, Nebraska was important for this company back in 2007 and, based on their loan application, they were successful in getting an SBA loan from Pinnacle Bank, operating out of Lincoln, Nebraska. Here are the details on this Nebraska small business loan.
SBA Loan Borrower
COMPANY TYPE: COMMERCIAL PHOTOGRAPHY
OMAHA, NE 68137
SBA Loan Lender
PINNACLE BANK
1401 'N' ST
LINCOLN, NE 68508
The lender provided this debt financing through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.
SBA Loan Program Type
This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.
NAICS Code
541922 - Commercial Photography
Loan Approval Date
7/10/2007
Loan Approval Gross Amount
$257,500
Loan Approval from the SBA
Of the total $257,500 loan amount, the SBA guaranteed $128,750.
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 5 employees. The SBA loan documents indicated that the loan would help generate 6 new jobs and retain 2 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.
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:
Accountant's Role in Securing Financing
Small Business Banks in Lincoln, Nebraska
SBA Lenders in Nebraska