Get an SBA Loan for Commercial Photography

With these loans for commercial photography, the SBA guarantees the lender that the loan will be repaid. This commercial photography loan for $110,000 was given to a West Virginia entrepreneur in 2001.

This company knew how to go about getting a business bank loan. Based in Weirton, West Virginia, they applied for and were awarded an SBA-guaranteed loan in 2001. The lending bank was Wesbanco Bank, Inc., based in Saint Clairsville, Ohio.

SBA Loan Borrower

COMPANY TYPE: COMMERCIAL PHOTOGRAPHY
WEIRTON, WV 26062

SBA Loan Lender

WESBANCO BANK, INC.
135 W MAIN ST
SAINT CLAIRSVILLE, OH 43950

This was a Low Documentation SBA loan. The SBA started this program to limit the paperwork associated with appliying for an SBA loan . The low-doc program is quick, requiring completion of only a one-page form for a loan of $50,000 or less. The limits have changed over time. Right now, the maximum small business loan for this SBA program is $100,000.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

7335 - Commercial Photography

NAICS Code

541922 - Commercial Photography

Loan Approval Date

5/3/2001

Loan Approval Gross Amount

$110,000

Loan Approval from the SBA

Of the total $110,000 loan amount, the SBA guaranteed $93,500.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 3 employees. The loan application did not indicate that the business promised to use the funding to hire new employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

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

Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $110,000 loan. It's not easy, but why not give getting an SBA loan of your own a try?

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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