Get an SBA Loan for One-Hour Photofinishing
Looking for bank loans for one-hour photofinishing? Try the SBA. This $207,000 one-hour photofinishing loan was issued by an Illinois bank.
This small firm received financial assistance through the SBA's lending programs back in 2002. They applied for an SBA loan with Harris National Association, out of Westchester, Illinois. The loan was granted and they received $207,000 to help grow their Westchester, Illinois business.
SBA Loan Borrower
COMPANY TYPE: ONE-HOUR PHOTOFINISHING
WESTCHESTER, IL 60154
SBA Loan Lender
HARRIS NATIONAL ASSOCIATION
10500 W CERMAK RD
WESTCHESTER, IL 60154
This business loan was granted by an SBA Certified Lenders Program (CLP) lender. CLP lenders perform a comprehensive analysis of the loan application and, in return, SBA provides a quick answer on whether the loan qualifies.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
812922 - One-Hour Photofinishing
Loan Approval Date
11/4/2002
Loan Approval Gross Amount
$207,000
Loan Approval from the SBA
Of the total $207,000 loan amount, the SBA guaranteed $155,250.
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 2 employees. The SBA loan application for the borrower did not indicate that the SBA funding recipient planned to use the loan proceeds to hire new employees or retain any existing employees.
Great, But How Can I Get an SBA Loan for My Business?
Many small businesses receive loans backed by the U.S. Small Business Administration.
While you may be able to borrow money from friends and family, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan.
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:
Raising VC Money for Social Networking Companies
SBA Participating Banks in Westchester, Illinois
SBA Lenders in Illinois