SBA Loan from U.S. Bank National Association Helps Commercial Photography Company
U.S. Bank National Association has a track record as a leading provider of SBA loans. Find out how this Arizona entrepreneur received an SBA loan from them.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Phoenix, Arizona was able to borrow $57,000 from U.S. Bank National Association. The SBA made the loan possible by guaranteeing $42,750 of this Arizona small business loan.
SBA Loan Borrower
COMPANY TYPE: COMMERCIAL PHOTOGRAPHY
PHOENIX, AZ 85007
SBA Loan Lender
U.S. BANK NATIONAL ASSOCIATION
425 WALNUT ST
CINCINNATI, OH 45202
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
541922 - Commercial Photography
Loan Approval Date
9/30/2003
Loan Approval Gross Amount
$57,000
Loan Approval from the SBA
Of the total $57,000 loan amount, the SBA guaranteed $42,750.
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 3 employees. The loan application indicated that the loan would help retain 3 existing jobs.
Getting an SBA Loan For Your Business
SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.
Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $57,000 loan. Remember, you control your own destiny.
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:
Debt Financing
SBA Participating Banks in Cincinnati, Ohio
Getting an SBA Loan in Ohio