 |
 |
May 8, 2024 |
|
|
|
|
||
| Home > Small Business Lenders by State > Michigan Business Loan Sources > Houston, Business Loans > Jpmorgan Chase Bank Houston Business Loans > Department Stores Loan | ||||
 |
||||
Texas SBA 7A Lenders
|
||||
 |
Houston, Texas Bank Lends Money to Department Stores Company in Dearborn, MichiganThinking about meeting with a Houston, Texas bank about a business loan? Here's one Michigan 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 Dearborn, Michigan. They got an SBA loan for $76,000. Nice! SBA Loan Borrower COMPANY TYPE: DEPARTMENT STORES SBA Loan Lender JPMORGAN CHASE BANK This lender processed this SBA bank 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 452111 - Department Stores Loan Approval Date 1/24/2008 Loan Approval Gross Amount $76,000 Loan Approval from the SBA Of the total $76,000 loan amount, the SBA guaranteed $38,000. 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 2 employees. The SBA loan documents indicated that the loan would help retain 2 existing jobs. Next Steps for Getting an SBA Loan If you are raising money in Dearborn MI, you ought to talk with a local Dearborn SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Dearborn businesses. Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $76,000 loan. Remember, things become real when you believe you can achieve them! 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 SBA 7A Lenders in Houston, Texas
|
|
||
|
||||
|
|
||||