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May 2, 2024 |
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| Home > Small Business Lenders by State > Ohio Business Loan Sources > Houston, Business Loans > Jpmorgan Chase Bank Houston Business Loans > Beauty Salons Loan | ||||
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Raising Money in Lakeview, Ohio With SBA Loans
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Beauty Salons Business LoansLooking for business loans for beauty salons? An SBA loan may be just what you've been looking for. This $15,300 beauty salons loan was issued by a Texas bank. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Lakeview, Ohio was able to borrow $15,300 from Jpmorgan Chase Bank. The SBA made the loan possible by guaranteeing $7,650 of this Ohio small business loan. SBA Loan Borrower COMPANY TYPE: BEAUTY SALONS SBA Loan Lender JPMORGAN CHASE BANK This lender processed this bank loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis. SBA Loan Program Type This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program. NAICS Code 812112 - Beauty Salons Loan Approval Date 1/22/2007 Loan Approval Gross Amount $15,300 Loan Approval from the SBA Of the total $15,300 loan amount, the SBA guaranteed $7,650. 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 only one employee. The loan application indicated that the loan would help retain 1 existing job. Getting an SBA Loan For Your Business 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. While you may be able to find business people willing to loan money, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan. 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 - Getting Venture Capital
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