Loan Census Banking News and Information
April 28, 2024  
 
 
  Business Loan Information  
 

Louisiana Small Business Funding for Franchises

 

 
Loan Census SBA Loan Info

Borrow Money to Buy a Certa Propainters Franchise

Need money to invest in a Certa Propainters franchise? Jpmorgan Chase Bank has a history of making these loans and they are guaranteed by the SBA.

Certa Propainters franchise loans are available to Lake Charles, Louisiana entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Jpmorgan Chase Bank, based in Houston, Texas, issued an SBA franchise loan for a Certa Propainters franchise in 2000. We've got all the details on this Louisiana small business loan.

SBA Loan Borrower

CERTA PROPAINTER
LAKE CHARLES, LA 70601

SBA Loan Lender

JPMORGAN CHASE BANK
811 RUSK ST., 16TH FL
HOUSTON, TX 77002

This lender processed this 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.

SIC Code

1721 - Painting and Paper Hanging

NAICS Code

235210 - Painting and Wall Covering

Loan Approval Date

9/14/2000

Loan Approval Gross Amount

$48,000

Loan Approval from the SBA

Of the total $48,000 loan amount, the SBA guaranteed $24,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Certa Propainters franchise. At the time of the loan, the company had 6 employees. The SBA loan documents indicated that the loan would help generate 6 new jobs and retain 6 existing jobs.

Getting an SBA Loan For Your Business

If you need business start up money in Lake Charles LA, you ought to talk with a local Lake Charles SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Lake Charles 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 $48,000 loan. Remember, if it to be, it is up to me!

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:

CertaPro Painters

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Who Lends Money to Small Businesses in Houston, Texas

Getting a Business Loan in Texas