Loan Census Banking News and Information
May 15, 2024  
 
 
  Business Loan Information  
 

Rose Hill Bank Commercial Loans

 

 
Loan Census SBA Loan Info

Loans for Photography Studios, Portrait

Looking for loans for photography studios, portrait? The SBA may be the answer. This $15,400 photography studios, portrait loan was issued by a Kansas bank.

Getting a small business loan in Rose Hill, Kansas was important for this company back in 2005 and, based on their loan application, they were successful in getting an SBA loan from Rose Hill Bank, operating out of Rose Hill, Kansas. Here are the details on this Kansas small business loan.

SBA Loan Borrower

COMPANY TYPE: PHOTOGRAPHY STUDIOS, PORTRAIT
ROSE HILL, KS 67133

SBA Loan Lender

ROSE HILL BANK
107 N ROSE HILL RD
ROSE HILL, KS 67133

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This small business loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

541921 - Photography Studios, Portrait

Loan Approval Date

12/9/2005

Loan Approval Gross Amount

$15,400

Loan Approval from the SBA

Of the total $15,400 loan amount, the SBA guaranteed $13,090.

More Information on This SBA Loan

The borrower borrowed this money for a new business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had only one employee. The loan application did not indicate that the small business promised to use the money to add employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA.

Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Rose Hill Bank that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).

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:

Startup Funding Tip

SBA 7A Banks for Rose Hill, Kansas Loans

Kansas SBA 7A Lenders