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May 1, 2024 |
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| Home > Small Business Lenders by State > Texas Business Loan Sources > Houston, Business Loans > Jpmorgan Chase Bank Houston Business Loans > Quik Drop Loan | ||||
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SBA Lenders for Lewisville, Texas Small Business Owners
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Loan to Buy Quik Drop Franchise Issued By Jpmorgan Chase BankNeed money to buy a Quik Drop franchise? Jpmorgan Chase Bank has a history of making these loans and they are guaranteed by the SBA. Getting money to buy a Quik Drop franchise may simply require a phone call to a local SBA banker. In 2004, Jpmorgan Chase Bank issued an SBA franchise loan to an entrepreneur in Lewisville, Texas. Because Quik Drop was registered with the SBA's registry of franchises, this Texas small business loan was issued on an expedited basis. SBA Loan Borrower QUIK DROP SBA Loan Lender JPMORGAN CHASE BANK This lender processed this commercial 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 453998 - Store Retailers Loan Approval Date 11/16/2004 Loan Approval Gross Amount $46,600 Loan Approval from the SBA Of the total $46,600 loan amount, the SBA guaranteed $23,300. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy a Quik Drop franchise. At the time of the loan, the company had 2 employees. The SBA loan application for the borrower did not indicate that the company promised to use the loan proceeds to increase staffing levels or retain any existing employees. Start the Process for Getting an SBA Loan Today! SBA loans provide money to small business owners for working capital for other expenses. This company got an SBA loan. You can too! Maybe you need seed money for a small business? Maybe you have a business and need capital to get to the next level? Regardless of why you need money, guaranteed SBA loans may be the right answer for you. 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: Best Houston, Texas Banks for Small Business
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