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May 18, 2024 |
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| Home > Small Business Lenders by State > Minnesota Business Loan Sources > Saint Paul, Business Loans > Park Midway Bank Saint Paul Business Loans > Photographic Studios, Portrait Loan | ||||
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Tips for Businesses On Getting a Loan
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Photography Studios, Portrait Bank LoansWith these bank loans for photography studios, portrait, the SBA guarantees the lender that the loan will be repaid. This photography studios, portrait loan for $55,000 was given to a Minnesota entrepreneur in 2000. This company received financial assistance through the SBA's lending programs back in 2000. They applied for an SBA loan with Park Midway Bank, out of Saint Paul, Minnesota. The loan was granted and they received $55,000 to help grow their Golden Valley, Minnesota business. SBA Loan Borrower COMPANY TYPE: PHOTOGRAPHIC STUDIOS, PORTRAIT SBA Loan Lender PARK MIDWAY BANK This lender provides SBA bank loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 7221 - Photographic Studios, Portrait NAICS Code 541921 - Photography Studios, Portrait Loan Approval Date 7/17/2000 Loan Approval Gross Amount $55,000 Loan Approval from the SBA Of the total $55,000 loan amount, the SBA guaranteed $44,000. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 24 employees. This SBA loan request indicated that the loan would help generate 3 new jobs and retain 27 existing jobs. Great, But How Can I Get an SBA Loan for My Business? SBA loans provide money to small business owners for working capital for other expenses. We can help you find the best banks for small businesses in Golden Valley or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success. 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: How Much Venture Capital Is There? SBA 7A Banks for Saint Paul, Minnesota Loans
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