Loan Census Banking News and Information
March 28, 2024  
 
 
  Business Loan Information  
 

Oceanside, New York Bank Loan

 

 
Loan Census SBA Loan Info

Financing for Specialty Trade Contractors

Looking for commercial loans for specialty trade contractors? Try the SBA. This $200,000 specialty trade contractors loan was issued by an Arizona bank.

This business knew how to go about getting a business bank loan. Based in Oceanside, New York, they applied for and were awarded an SBA-guaranteed loan in 2006. The lending bank was Jpmorgan Chase Bank, based in Phoenix, Arizona.

SBA Loan Borrower

COMPANY TYPE: SPECIALTY TRADE CONTRACTORS
OCEANSIDE, NY 11572

SBA Loan Lender

JPMORGAN CHASE BANK
1820 E SKY HARBOR CIRCLE SOUT
PHOENIX, AZ 85034

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.

NAICS Code

238990 - Specialty Trade Contractors

Loan Approval Date

2/23/2006

Loan Approval Gross Amount

$200,000

Loan Approval from the SBA

Of the total $200,000 loan amount, the SBA guaranteed $150,000.

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 30 employees. The loan application indicated that the loan would help generate 1 new job and retain 30 existing jobs.

Next Steps for Getting an SBA Loan

SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.

This SBA loan was for $200,000. How would you spend $200,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.

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.

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