Photographic and Photocopying Equipment Manufacturing Bank Loans
Looking for bank loans for photographic and photocopying equipment manufacturing? Try the SBA. This $325,000 photographic and photocopying equipment manufacturing loan was issued by a Texas bank.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Austin, Texas was able to borrow $325,000 from State National Bank. The SBA made the loan possible by guaranteeing $243,750 of this Texas small business loan.
SBA Loan Borrower
SCREEN INNOVATIONS, LP
11110 METRIC BLVD, SUITE D
AUSTIN, TX 78758
SBA Loan Lender
STATE NATIONAL BANK
2804 OLTON RD
PLAINVIEW, TX 79072
SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This business loan was issued via the SBA 7a lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
7822 - Motion Picture and Video Tape Distribution
NAICS Code
333315 - Photographic and Photocopying Equipment Manufacturing
Loan Approval Date
2/9/2005
Loan Approval Gross Amount
$325,000
Loan Approval from the SBA
Of the total $325,000 loan amount, the SBA guaranteed $243,750.
More Information on This SBA Loan
The borrower, Screen Innovations, Lp, borrowed this money for a new business. The SBA's record indicate that the loan was not for investment in a franchise. At the time of the loan, the company
had 16 employees. This SBA loan request did not indicate that the business planned to use the money to add employees or retain any existing employees.
Getting an SBA Loan For Your Business
SBA loans provide money to small business owners for working capital for other expenses.
The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. Screen Innovations, Lp needed a loan. State National Bank probably wouldn't have granted the loan based on the merits of the company, but with the SBA stepping up and agreeing to guarantee part of the loan, State National Bank made the loan. The end result was that Screen Innovations, Lp was given the opportunity to grow their business and enhance the lives of their employees and customers.
The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail.
About This SBA Loan Information:
All SBA loan data displayed above comes from the government's SBA loan database.
Related Links:
Accountant's Role in Securing Financing
SBA Participating Banks in Plainview, Texas
SBA Texas Banks
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