Photography Studios, Portrait Loans
With these loans for photography studios, portrait, the SBA guarantees the lender that the loan will be repaid. This photography studios, portrait loan for $25,000 was given to a California entrepreneur in 2001.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Van Nuys, California was able to borrow $25,000 from Citibank. The SBA made the loan possible by guaranteeing $12,500 of this California small business loan.
SBA Loan Borrower
COMPANY TYPE: PHOTOGRAPHY STUDIOS, PORTRAIT
VAN NUYS, CA 91402
SBA Loan Lender
CITIBANK
8750 DORAL BLVD, 7TH FL
MIAMI, FL 33178
This small business loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.
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
541921 - Photography Studios, Portrait
Loan Approval Date
12/14/2001
Loan Approval Gross Amount
$25,000
Loan Approval from the SBA
Of the total $25,000 loan amount, the SBA guaranteed $12,500.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company
had 20 employees. The loan application indicated that the loan would help generate 3 new jobs and retain 20 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.
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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