Loan Census Banking News and Information
April 26, 2024  
 
 
  Business Loan Information  
 

Chandler, Arizona Bank for SBA Loans

 

 
Loan Census SBA Loan Info

Chandler, AZ Entrepreneur Gets SBA Loan to Buy Postal Connections Of America Franchise

Need money to invest in a Postal Connections Of America franchise? Jpmorgan Chase Bank has a history of making these loans and they are guaranteed by the SBA.

Want to borrow money to buy a Postal Connections Of America franchise? If so, here's a 2008 SBA franchise loan that you should know about. Jpmorgan Chase Bank was the lender and the entrepreneur was based in Chandler, Arizona.

SBA Loan Borrower

LOCKHART ENTERPRISES L.L.C.
CHANDLER, AZ 85225

SBA Loan Lender

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

This small business 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

541990 - Professional, Scientific, and Technical Services

Loan Approval Date

1/2/2008

Loan Approval Gross Amount

$25,000

Loan Approval from the SBA

Of the total $25,000 loan amount, the SBA guaranteed $12,500.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Postal Connections Of America franchise. At the time of the loan, the company had 3 employees. The loan application indicated that the loan would help retain 3 existing jobs.

Start the Process for Getting an SBA Loan Today!

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

While you may be able to find other ways to get money to start a business, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications 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:

Postal Connections of America

Role of Business Plan When Raising Money

Banks in Houston, Texas

SBA Texas Banks