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Tips for Entrepreneurs On Getting a Loan

 

 
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Bank Loans for Photography Studios, Portrait

With these bank loans for photography studios, portrait, the SBA guarantees the lender that the loan will be repaid. This photography studios, portrait loan for $5,000 was given to an Oklahoma entrepreneur in 2004.

Greg Roach LLC received financial assistance through the SBA's lending programs back in 2004. They applied for an SBA loan with Business Loan Center, LLC, out of New York, New York. The loan was granted and they received $5,000 to help grow their Tulsa, Oklahoma business.

SBA Loan Borrower

GREG ROACH LLC
302 SOUTH CHEYENNE UNIT #9B
TULSA, OK 74103

SBA Loan Lender

BUSINESS LOAN CENTER, LLC
1633 BROADWAY, 39TH FL
NEW YORK, NY 10019

The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide loans to to entrepreneurs who might have trouble getting a conventional bank loan.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

541921 - Photography Studios, Portrait

Loan Approval Date

12/28/2004

Loan Approval Gross Amount

$5,000

Loan Approval from the SBA

Of the total $5,000 loan amount, the SBA guaranteed $4,250.

More Information on This SBA Loan

The borrower, Greg Roach LLC, borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had only one employee. The loan application indicated that the loan would help retain 1 existing job.

Next Steps for Getting an SBA Loan

SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.

Your solution for where to find money to start a business may be an SBA guaranteed loan. Greg Roach LLC recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

About This SBA Loan Information:

All SBA loan data displayed above comes from the government's SBA loan database.

Related Links:

504 Loans

Small Bank Loans in New York, New York

SBA New York Banks

 

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