Loan Census Banking News and Information
May 6, 2024  
 
 
  Business Loan Information  
 

Raising Money in Beverly, Ohio With SBA Loans

 

 
Loan Census SBA Loan Info

SBA Loans for General Freight Trucking, Local

Looking for SBA loans for general freight trucking, local? Try the SBA. This $103,900 general freight trucking, local loan was issued by a Texas bank.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Beverly, Ohio was able to borrow $103,900 from Jpmorgan Chase Bank. The SBA made the loan possible by guaranteeing $51,950 of this Ohio small business loan.

SBA Loan Borrower

COMPANY TYPE: GENERAL FREIGHT TRUCKING, LOCAL
BEVERLY, OH 45715

SBA Loan Lender

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

This lender processed this loan for a small business 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

484110 - General Freight Trucking, Local

Loan Approval Date

6/19/2002

Loan Approval Gross Amount

$103,900

Loan Approval from the SBA

Of the total $103,900 loan amount, the SBA guaranteed $51,950.

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 5 employees. This SBA loan request indicated that the loan would help generate 1 new job and retain 6 existing jobs.

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

If you want money for new small business in Beverly OH, you ought to talk with a local Beverly SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Beverly businesses.

We can help you find the best banks for small businesses in Beverly or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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:

Banking Deregulation's Effects on Entrepreneurship

SBA Participating Banks in Houston, Texas

Texas SBA 7A Banks