Where to Get Capital for Commercial Photography
With these small business loans for commercial photography, the SBA guarantees the lender that the loan will be repaid. This commercial photography loan for $35,000 was given to an Utah entrepreneur in 2007.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Roy, Utah was able to borrow $35,000 from America West Bank. The SBA made the loan possible by guaranteeing $29,750 of this Utah small business loan.
SBA Loan Borrower
COMPANY TYPE: COMMERCIAL PHOTOGRAPHY
ROY, UT 84067
SBA Loan Lender
AMERICA WEST BANK
476 W HERITAGE PARK BLVD, STE
LAYTON, UT 84041
As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
541922 - Commercial Photography
Loan Approval Date
2/6/2007
Loan Approval Gross Amount
$35,000
Loan Approval from the SBA
Of the total $35,000 loan amount, the SBA guaranteed $29,750.
More Information on This SBA Loan
The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had 2 employees. The SBA loan documents indicated that the funding would help generate 2 new jobs.
Getting an SBA Loan For Your Business
The Small Business Administration (SBA) is a federal government agency that has many different programs to help small business owners. The SBA Microloan Program, for example, provides very small loans to start-up, newly established, or growing small business concerns. The SBA also has special programs for women and minorities. However, the most popular SBA program is their loan guarantee program for small businesses.
Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.
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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