Loan Census Banking News and Information
April 30, 2024  
 
 
  Business Loan Information  
 

SBA 7A Banks for Chino Valley, Arizona Businesses

 

 
Loan Census SBA Loan Info

Financing for Household Appliance Stores

Looking for loans for household appliance stores? An SBA loan may be just what you've been looking for. This $10,300 household appliance stores loan was issued by a Texas bank.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Chino Valley, Arizona was able to borrow $10,300 from Jpmorgan Chase Bank. The SBA made the loan possible by guaranteeing $5,150 of this Arizona small business loan.

SBA Loan Borrower

COMPANY TYPE: HOUSEHOLD APPLIANCE STORES
CHINO VALLEY, AZ 86323

SBA Loan Lender

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

This SBA 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

443111 - Household Appliance Stores

Loan Approval Date

7/21/2004

Loan Approval Gross Amount

$10,300

Loan Approval from the SBA

Of the total $10,300 loan amount, the SBA guaranteed $5,150.

More Information on This SBA Loan

The borrower borrowed this money for a new 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 2 employees. The loan application did not indicate that the SBA funding recipient promised to use the funding to hire new employees or retain any existing employees.

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

The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.

This SBA loan was for $10,300. How would you spend $10,300 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.

Related Links:

How to Raise Money

SBA Banks in Houston, Texas

SBA Participating Banks in Texas