Loan Census Banking News and Information
May 4, 2024  
 
 
  Business Loan Information  
 

Getting an SBA 7A Loan in New Orleans, Louisiana

 

 
Loan Census SBA Loan Info

New Orleans, Louisiana Entrepreneur Gets a Business Loan

Would a Louisiana business loan help your company expand? If so, you may want to talk with this Louisiana bank, which offers SBA loans to Louisiana entrepreneurs.

Getting a small business loan in New Orleans, Louisiana was a top priority for this SBA-financed company back in 2000 and, based on their loan application, they were successful in getting an SBA loan from Omni Bank. Here are the details on this Louisiana small business loan.

SBA Loan Borrower

COMPANY TYPE: PHOTOFINISHING LABORATORIES
NEW ORLEANS, LA 70115

SBA Loan Lender

OMNI BANK
2900 RIDGELAKE DR
METAIRIE, LA 70002

The lender provided this loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

SIC Code

7384 - Photofinishing Laboratories

Loan Approval Date

4/6/2000

Loan Approval Gross Amount

$26,000

Loan Approval from the SBA

Of the total $26,000 loan amount, the SBA guaranteed $13,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 2 employees. This SBA loan request indicated that the loan would help generate 2 new jobs and retain 2 existing jobs.

Start the Process for Getting an SBA Loan Today!

If you need money to start a business or already have a business and need money to expand, an SBA loan can be a great source of funding.

This company got an SBA loan. You can too! Maybe you need seed money for a small business? Maybe you need money to buy a business? 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 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:

Realistic Debt Financing Options

SBA Approved Banks in Metairie, Louisiana

Getting a Business Loan in Louisiana