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April 19, 2024 |
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| Home > Small Business Lenders by State > Michigan Business Loan Sources > Houston, Business Loans > Jpmorgan Chase Bank Houston Business Loans > S & A Family, Incorporated Loan | ||||
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Michigan Small Business Funding for Franchises
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Borrow Money to Buy a Tropi-Tan FranchiseNeed a loan to invest in a Tropi-Tan franchise? Jpmorgan Chase Bank has a history of making these loans and they are guaranteed by the SBA. If you live near Millington, Michigan and are interested in buying a Tropi-Tan franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2008 by Jpmorgan Chase Bank. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase. SBA Loan Borrower S & A FAMILY, INCORPORATED 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 812990 - Personal Services Loan Approval Date 1/23/2008 Loan Approval Gross Amount $254,400 Loan Approval from the SBA Of the total $254,400 loan amount, the SBA guaranteed $127,200. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy a Tropi-Tan franchise. At the time of the loan, the company had 4 employees. The SBA loan documents indicated that the borrowed money would help create 6 new jobs. Getting an SBA Loan For Your Business Every year, the SBA guarantees over $10 billion for loans just like this one. If you need emergency business money, the SBA has special programs for you. We've put a spotlight on this loan from Jpmorgan Chase Bank so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA. 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: A Company That Helps Entrepreneurs SBA 7A Lenders in Houston, Texas
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