Loan Census Banking News and Information
April 30, 2024  
 
 
  Business Loan Information  
 

Jpmorgan Chase Bank SBA 7A Franchise Loans

 

 
Loan Census SBA Loan Info

Jpmorgan Chase Bank Provides SBA Loan to Buy Dunhill Franchise

Borrowing money to purchase a Dunhill franchise? Jpmorgan Chase Bank has a history of making these loans and they are guaranteed by the SBA.

Dunhill franchise loans are available to Benbrook, Texas entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Jpmorgan Chase Bank, based in Houston, Texas, issued an SBA franchise loan for a Dunhill franchise in 2001. We've got all the details on this Texas small business loan.

SBA Loan Borrower

DUNHILL PROFESSIONAL SEARCH OF
BENBROOK, TX 73109

SBA Loan Lender

JPMORGAN CHASE BANK
811 RUSK ST., 16TH FL
HOUSTON, TX 77002

As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

541612 - Human Resources Consulting Services

Loan Approval Date

6/29/2001

Loan Approval Gross Amount

$125,000

Loan Approval from the SBA

Of the total $125,000 loan amount, the SBA guaranteed $106,250.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Dunhill franchise. At the time of the loan, the company had only one employee. This SBA loan request indicated that the loan would help create 6 new jobs.

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

SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.

This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.

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:

Borrowing Money from Friends and Family

Good Banks for Small Business in Houston, Texas

Where to Get an SBA Loan Texas