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April 30, 2024 |
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| Home > Small Business Lenders by State > Texas Business Loan Sources > Houston, Business Loans > Jpmorgan Chase Bank Houston Business Loans > Southern Maid Donuts Loan | ||||
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Where to Get an SBA 7A Loan to Purchase a Franchise
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Texas Entrepreneur Secures Financing to Buy Southern Maid Donuts FranchiseBorrowing money to invest in a Southern Maid Donuts franchise? Jpmorgan Chase Bank has a history of making these loans and they are guaranteed by the SBA. Southern Maid Donuts franchise loans are available to Marshall, 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 Southern Maid Donuts franchise in 2002. We've got all the details on this Texas small business loan. SBA Loan Borrower SOUTHERN MAID DONUTS SBA Loan Lender JPMORGAN CHASE BANK This commercial loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours. 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 722211 - Limited-Service Restaurants Loan Approval Date 3/28/2002 Loan Approval Gross Amount $140,000 Loan Approval from the SBA Of the total $140,000 loan amount, the SBA guaranteed $70,000. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was used to buy a Southern Maid Donuts franchise. At the time of the loan, the company had 7 employees. This SBA loan request indicated that the loan would help generate 2 new jobs and retain 5 existing jobs. Next Steps for Getting an SBA Loan SBA loans provide money to small business owners for working capital for other expenses. We've showcased information on this loan to let you know that businesses like yours 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: SBA 7A Banks in Houston, Texas
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