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April 24, 2024 |
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| Home > Small Business Lenders by State > Ohio Business Loan Sources > Phoenix, Business Loans > Jpmorgan Chase Bank Phoenix Business Loans > Engineering Services Loan | ||||
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Business Loans for Gahanna Entrepreneurs
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Loans for Engineering ServicesLooking for loans for engineering services? Try the SBA. This $665,600 engineering services loan was issued by an Arizona bank. This small firm knew how to go about getting a business bank loan. Based in Gahanna, Ohio, they applied for and were awarded an SBA-guaranteed loan in 2006. The lending bank was Jpmorgan Chase Bank, based in Phoenix, Arizona. SBA Loan Borrower COMPANY TYPE: ENGINEERING SERVICES SBA Loan Lender JPMORGAN CHASE BANK As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 541330 - Engineering Services Loan Approval Date 1/27/2006 Loan Approval Gross Amount $665,600 Loan Approval from the SBA Of the total $665,600 loan amount, the SBA guaranteed $499,200. 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 21 employees. The SBA loan application for the borrower indicated that the loan would help generate 1 new job and retain 21 existing jobs. Next Steps for Getting an SBA Loan SBA loans provide smart, affordable business financing for small businesses looking to expand. While you may be able to borrow money from friends and family, 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: Obtaining Funding - How to Borrow Money Good Banks for Small Business in Phoenix, Arizona
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