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May 3, 2024 |
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| Home > Small Business Lenders by State > New York Business Loan Sources > Houston, Business Loans > Jpmorgan Chase Bank Houston Business Loans > Petroleum Lubricating Oil And Grease Manufacturing Loan | ||||
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Texas SBA Banks
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Houston, Texas Bank Lends Money to Petroleum Lubricating Oil And Grease Manufacturing Company in Buffalo, New YorkThinking about meeting with a Houston, Texas bank about a business loan? Here's one New York business loan, issued by a Houston bank, that was approved by the SBA. Applying for an SBA loan with Jpmorgan Chase Bank worked out well for our friends at one local company in Buffalo, New York. They got an SBA loan for $370,000. Way to go! SBA Loan Borrower COMPANY TYPE: PETROLEUM LUBRICATING OIL AND GREASE MANUFACTURING SBA Loan Lender JPMORGAN CHASE BANK SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA small business loan was issued via the SBA 7a lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 324191 - Petroleum Lubricating Oil and Grease Manufacturing Loan Approval Date 5/7/2003 Loan Approval Gross Amount $370,000 Loan Approval from the SBA Of the total $370,000 loan amount, the SBA guaranteed $277,500. More Information on This SBA Loan The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 26 employees. This SBA loan request did not indicate that the business planned to use the funding to add employees or retain any existing employees. Next Steps for Getting an SBA Loan Many small businesses receive loans backed by the U.S. Small Business Administration. Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Jpmorgan Chase Bank and they will explain how you can get an SBA loan for your company. 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: Realistic Debt Financing Options Where to Get an SBA Loan in Houston, Texas
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