Photofinishing Laboratories Business Loans

Looking for business loans for photofinishing laboratories? Talk to a banker who works with the SBA. This $71,700 photofinishing laboratories loan was issued by a California bank.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Scottsdale, Arizona was able to borrow $71,700 from Wells Fargo Bank. The SBA made the loan possible by guaranteeing $60,945 of this Arizona small business loan.

SBA Loan Borrower

COMPANY TYPE: PHOTOFINISHING LABORATORIES
SCOTTSDALE, AZ 85254

SBA Loan Lender

WELLS FARGO BANK
121 PARK CENTER PLZ
SAN JOSE, CA 95113

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

812921 - Photofinishing Laboratories

Loan Approval Date

5/9/2006

Loan Approval Gross Amount

$71,700

Loan Approval from the SBA

Of the total $71,700 loan amount, the SBA guaranteed $60,945.

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 only one employee. The loan application indicated that the loan would help generate 3 new jobs and retain 1 existing job.

Next Steps for Getting an SBA Loan

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

Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Wells Fargo Bank that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).

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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Who Lends Money to Small Businesses in San Jose, California

SBA California Lenders