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April 28, 2024 |
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| Home > Small Business Lenders by State > Arizona Business Loan Sources > Houston, Business Loans > Jpmorgan Chase Bank Houston Business Loans > Snip N Clip Loan | ||||
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Jpmorgan Chase Bank Commercial Loans for Franchisees
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Mesa, AZ Entrepreneur Gets SBA Loan to Buy Snip N Clip FranchiseNeed a loan to invest in a Snip N Clip franchise? Jpmorgan Chase Bank has a history of making these loans and they are guaranteed by the SBA. Snip N Clip franchise loans are available to Mesa, Arizona 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 Snip N Clip franchise in 2002. We've got all the details on this Arizona small business loan. SBA Loan Borrower SNIP N CLIP SBA Loan Lender JPMORGAN CHASE BANK SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This bank loan was issued via the SBA 7a lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 812112 - Beauty Salons Loan Approval Date 4/22/2002 Loan Approval Gross Amount $150,000 Loan Approval from the SBA Of the total $150,000 loan amount, the SBA guaranteed $127,500. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was used to buy a Snip N Clip franchise. At the time of the loan, the company had 13 employees. This SBA loan request indicated that the loan would help generate 1 new job and retain 12 existing jobs. Next Steps for Getting an SBA Loan SBA loans provide money to small business owners for working capital for other expenses. Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Jpmorgan Chase Bank and they will explain how you can get an SBA loan for your company. 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: Accountant's Role in Securing Financing
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