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May 7, 2024 |
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| Home > Small Business Lenders by State > Kentucky Business Loan Sources > Houston, Business Loans > Jpmorgan Chase Bank Houston Business Loans > Floor Laying And Floor Contractors Loan | ||||
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We Needed a Commercial Loan in Lexington, Kentucky and We Got One!
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Financing for Floor Laying and Floor ContractorsLooking for loans for floor laying and floor contractors? The SBA may be the answer. This $11,000 floor laying and floor contractors loan was issued by a Texas bank. Getting a small business loan in Lexington, Kentucky was important for this company back in 2000 and, based on their loan application, they were successful in getting an SBA loan from Jpmorgan Chase Bank, operating out of Houston, Texas. Here are the details on this Kentucky small business loan. SBA Loan Borrower COMPANY TYPE: FLOOR LAYING AND FLOOR CONTRACTORS SBA Loan Lender JPMORGAN CHASE BANK The lender provided this business loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing. 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 235520 - Floor Laying and Floor Contractors Loan Approval Date 11/8/2000 Loan Approval Gross Amount $11,000 Loan Approval from the SBA Of the total $11,000 loan amount, the SBA guaranteed $5,500. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 2 employees. The SBA loan application for the borrower indicated that the loan would help retain 2 existing jobs. Great, But How Can I Get an SBA Loan for My Business? SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews. Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $11,000 loan. It's not easy, but why not give getting an SBA loan of your own a try? 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: Who Lends Money to Small Businesses in Houston, Texas
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