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May 11, 2024 |
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| Home > Small Business Lenders by State > Ohio Business Loan Sources > Houston, Business Loans > Jpmorgan Chase Bank Houston Business Loans > Power-Driven Handtool Manufacturing Loan | ||||
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How Do We Get a Business Loan in Columbus, Ohio?
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How to Get a Loan for Power-Driven Handtool ManufacturingLooking for business loans for power-driven handtool manufacturing? An SBA loan may be just what you've been looking for. This $25,400 power-driven handtool manufacturing loan was issued by a Texas bank. This small business knew how to go about getting a business bank loan. Based in Columbus, Ohio, they applied for and were awarded an SBA-guaranteed loan in 2007. The lending bank was Jpmorgan Chase Bank, based in Houston, Texas. SBA Loan Borrower COMPANY TYPE: POWER-DRIVEN HANDTOOL MANUFACTURING SBA Loan Lender JPMORGAN CHASE BANK This lender processed this small business loan 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 333991 - Power-Driven Handtool Manufacturing Loan Approval Date 11/20/2007 Loan Approval Gross Amount $25,400 Loan Approval from the SBA Of the total $25,400 loan amount, the SBA guaranteed $12,700. 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 only one employee. The loan application indicated that the loan would help retain 1 existing job. Getting an SBA Loan For Your Business If you need money to start a business or already have a business and need money to expand, an SBA loan can be a great way to raise money Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Jpmorgan Chase Bank that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP). 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: Good Banks for Small Business in Houston, Texas
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