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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 > Heavy Construction Loan | ||||
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SBA Lenders for Mansfield Businesses
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Ohio SBA Loan Issued to Heavy Construction CompanyOhioBusiness loans are available to Ohio business owners through the SBA. In this case, a Texas bank provides the loan. Getting a small business loan in Mansfield, Ohio was a top priority for this SBA-financed company back in 2001 and, based on their loan application, they were successful in getting an SBA loan from Jpmorgan Chase Bank. Here are the details on this Ohio small business loan. SBA Loan Borrower COMPANY TYPE: HEAVY CONSTRUCTION SBA Loan Lender JPMORGAN CHASE BANK This 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 234990 - Heavy Construction Loan Approval Date 10/24/2001 Loan Approval Gross Amount $81,100 Loan Approval from the SBA Of the total $81,100 loan amount, the SBA guaranteed $40,550. More Information on This SBA Loan The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 2 employees. The SBA loan documents indicated that the loan would help retain 2 existing jobs. Next Steps for Getting an SBA Loan 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 can help you find the best banks for small businesses in Mansfield or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success. 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: Obtaining Funding - Friends and Family Small Bank Loans in Houston, Texas Where to Get an SBA Loan Texas
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