 |
 |
May 9, 2024 |
|
|
|
|
||
| Home > Small Business Lenders by State > Texas Business Loan Sources > Houston, Business Loans > Jpmorgan Chase Bank Houston Business Loans > Tile, Marble, Terrazzo, And Mosaic Contractors Loan | ||||
 |
||||
Texas Small Business Funding
|
||||
 |
Get an SBA Loan for Tile, Marble, Terrazzo, and Mosaic ContractorsLooking for small business loans for tile, marble, terrazzo, and mosaic contractors? Try the SBA. This $35,000 tile, marble, terrazzo, and mosaic contractors loan was issued by a Texas bank. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Beaumont, Texas was able to borrow $35,000 from Jpmorgan Chase Bank. The SBA made the loan possible by guaranteeing $17,500 of this Texas small business loan. SBA Loan Borrower COMPANY TYPE: TILE, MARBLE, TERRAZZO, AND MOSAIC CONTRACTORS SBA Loan Lender JPMORGAN CHASE BANK This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000. 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 235430 - Tile, Marble, Terrazzo, and Mosaic Contractors Loan Approval Date 3/17/2003 Loan Approval Gross Amount $35,000 Loan Approval from the SBA Of the total $35,000 loan amount, the SBA guaranteed $17,500. More Information on This SBA Loan The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 3 employees. The SBA loan documents indicated that the loan would help retain 3 existing jobs. Great, But How Can I Get an SBA Loan for My Business? SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews. 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: Obtaining Funding - How to Borrow Money
|
|
||
|
||||
|
|
||||