Photofinishing Laboratories Small Business Loans

Looking for small business loans for photofinishing laboratories? Try the SBA. This $101,000 photofinishing laboratories loan was issued by a Texas bank.

All American Photo Inc. received financial assistance through the SBA's lending programs back in 2004. They applied for an SBA loan with First State Bank Central Texas, out of Austin, Texas. The loan was granted and they received $101,000 to help grow their Austin, Texas business.

SBA Loan Borrower

ALL AMERICAN PHOTO INC.
1010 N. LAMAR
AUSTIN, TX 78703

SBA Loan Lender

FIRST STATE BANK CENTRAL TEXAS
6500 N MOPAC, STE 1101
AUSTIN, TX 78731

This lender issued this small business loan under the 7A SBA program, in which the SBA provides guaranteed loans to small business owners. This lending program was started in 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

812921 - Photofinishing Laboratories (except One-Hour)

Loan Approval Date

3/26/2004

Loan Approval Gross Amount

$101,000

Loan Approval from the SBA

Of the total $101,000 loan amount, the SBA guaranteed $85,850.

More Information on This SBA Loan

The borrower, All American Photo Inc., 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 9 employees. The SBA loan documents did not indicate that the company planned to use the loan proceeds to hire new employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

Don't forget. To get an SBA loan, you must apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan.

While you may be able to find other ways to get money to start a business, the SBA is a tried and true source for small business loan guarantees. This loan to All American Photo Inc. 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 SBA loan database.

Related Links:

Direct Public Offerings

SBA 7A Banks in Austin, Texas

Getting an SBA Loan in Texas

If you are an ambitious entrepreneur or an aspiring executive looking to get involved with a startup, please take the time to learn more about Gaebler Ventures.