Loan Census Banking News and Information
April 16, 2024  
 
 
  Business Loan Information  
 

Raising Money in San Francisco, California With SBA Loans

 

 
Loan Census SBA Loan Info

Where to Get Capital for Commercial Photography

Looking for small business loans for commercial photography? Talk to a banker who works with the SBA. This $733,500 commercial photography loan was issued by a District of Columbia bank.

Getting a small business loan in San Francisco, California was important for this company back in 2000 and, based on their loan application, they were successful in getting an SBA loan from Loans From Old Closed Lenders, operating out of Washington, District of Columbia. Here are the details on this California small business loan.

SBA Loan Borrower

COMPANY TYPE: COMMERCIAL PHOTOGRAPHY
SAN FRANCISCO, CA 94115

SBA Loan Lender

LOANS FROM OLD CLOSED LENDERS
409 3RD STREET S.W., SUITE 83
WASHINGTON, DC 20416

This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

7335 - Commercial Photography

NAICS Code

541922 - Commercial Photography

Loan Approval Date

9/6/2000

Loan Approval Gross Amount

$733,500

Loan Approval from the SBA

Of the total $733,500 loan amount, the SBA guaranteed $550,125.

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 2 employees. The SBA loan documents did not indicate that the company planned to use the money to hire new employees or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

The Small Business Administration (SBA) is a federal government agency that has many different programs to help small business owners. The SBA Microloan Program, for example, provides very small loans to start-up, newly established, or growing small business concerns. The SBA also has special programs for women and minorities. However, the most popular SBA program is their loan guarantee program for small businesses.

Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $733,500 loan. It's not easy, but why not give getting an SBA loan of your own a try?

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:

Obtaining Funding - How to Borrow Money

Banks in Washington, District of Columbia

Getting a Business Loan in District of Columbia