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May 7, 2024 |
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| Home > Small Business Lenders by State > Ohio Business Loan Sources > Houston, Business Loans > Jpmorgan Chase Bank Houston Business Loans > Metal Service Centers And Offices Loan | ||||
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Requirements for Business Owners On Getting a Loan
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Metal Service Centers and Offices Commercial LoansLooking for commercial loans for metal service centers and offices? The SBA may be the answer. This $249,500 metal service centers and offices loan was issued by a Texas bank. This small business knew how to go about getting a business bank loan. Based in Hudson, Ohio, they applied for and were awarded an SBA-guaranteed loan in 2003. The lending bank was Jpmorgan Chase Bank, based in Houston, Texas. SBA Loan Borrower COMPANY TYPE: METAL SERVICE CENTERS AND OFFICES SBA Loan Lender JPMORGAN CHASE BANK This SBA business 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 421510 - Metal Service Centers and Offices Loan Approval Date 7/31/2003 Loan Approval Gross Amount $249,500 Loan Approval from the SBA Of the total $249,500 loan amount, the SBA guaranteed $124,750. 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 indicated that the loan would help generate 1 new job and retain 2 existing jobs. Great, But How Can I Get an SBA Loan for My Business? SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA. We've showcased information on this loan to let you know that businesses like yours 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:
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