 |
 |
May 3, 2024 |
|
|
|
|
||
| Home > Small Business Lenders by State > Michigan Business Loan Sources > Houston, Business Loans > Jpmorgan Chase Bank Houston Business Loans > All Tune And Lube Loan | ||||
 |
||||
Where Can I Find Franchise Loans in Grand Rapids, Michigan?
|
||||
 |
Grand Rapids, MI Entrepreneur Gets SBA Loan to Buy All Tune And Lube FranchiseBorrowing money to invest in an All Tune And Lube franchise? Jpmorgan Chase Bank has a history of making these loans and they are guaranteed by the SBA. An entrepreneur in Grand Rapids, Michigan needed money to invest in an All Tune And Lube franchise back in 2004. Jpmorgan Chase Bank issued an SBA franchise loan. Here are the details on this Michigan small business loan. SBA Loan Borrower ALL TUNE AND LUBE SBA Loan Lender JPMORGAN CHASE BANK 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 811118 - Automotive Mechanical and Electrical Repair and Maintenance Loan Approval Date 4/14/2004 Loan Approval Gross Amount $55,600 Loan Approval from the SBA Of the total $55,600 loan amount, the SBA guaranteed $27,800. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was used to buy an All Tune And Lube franchise. At the time of the loan, the company had 4 employees. The SBA loan application for the borrower indicated that the loan would help retain 4 existing jobs. Next Steps for Getting an SBA Loan If you are wondering how to raise money for a company in Grand Rapids MI, you ought to talk with a local Grand Rapids SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Grand Rapids 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: SBA 7A Banks in Houston, Texas
|
|
||
|
||||
|
|
||||