Richmond, Virginia Bank Gives SBA Loan to Golden Memories Photography Inc.
Get small business loans from a Richmond, Virginia bank that knows how to treat small business owners right! If Golden Memories Photography Inc. can get a loan, there's no reason you can't do it too.
Suntrust Bank is a Richmond, Virginia small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to Golden Memories Photography Inc. a Virginia company.
SBA Loan Borrower
Golden Memories Photography Inc.
101 Mulberry Avenue
Newport News, VA 23607
SBA Loan Lender
SUNTRUST BANK
1001 SEMMES AVE, RVW 4323
RICHMOND, VA 23224
This lender processed this loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.
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
1/4/2008
Loan Approval Gross Amount
$10,000
Loan Approval from the SBA
Of the total $10,000 loan amount, the SBA guaranteed $5,000.
More Information on This SBA Loan
The borrower, Golden Memories Photography 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 10 employees. This SBA loan request indicated that the loan would help generate 5 new jobs and retain 10 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
SBA loans provide smart, affordable business financing for small businesses looking to expand.
Golden Memories Photography Inc. got an SBA loan. You can too! Maybe you need seed money for business? Maybe you want money to buy a franchise? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.
About This SBA Loan Information:
All SBA loan data displayed above comes from the government's SBA loan database.
Related Links:
Obtaining Funding From a Venture Capitalist
SBA 7A Banks in Richmond, Virginia
Getting an SBA Loan in Virginia
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.