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May 5, 2024 |
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| Home > Small Business Lenders by State > Wisconsin Business Loan Sources > Houston, Business Loans > Jpmorgan Chase Bank Houston Business Loans > Radio Shack Loan | ||||
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Business Loans for Monroe Small Businesses
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Jpmorgan Chase Bank Provides SBA Loan to Buy Radio Shack FranchiseBorrowing money to purchase a Radio Shack franchise? Jpmorgan Chase Bank has a history of making these loans and they are guaranteed by the SBA. Getting money to buy a Radio Shack franchise shouldn't be overly burdensome. In 2006, Jpmorgan Chase Bank issued an SBA franchise loan to an entrepreneur in Monroe, Wisconsin. Because Radio Shack was registered with the SBA's registry of franchises, this Wisconsin small business loan was issued on an expedited basis. SBA Loan Borrower RADIO SHACK SBA Loan Lender JPMORGAN CHASE BANK This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 443112 - Radio, Television, and Electronics Stores Loan Approval Date 6/12/2006 Loan Approval Gross Amount $154,000 Loan Approval from the SBA Of the total $154,000 loan amount, the SBA guaranteed $115,500. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy a Radio Shack franchise. At the time of the loan, the company had 5 employees. The SBA loan documents indicated that the loan would help retain 5 existing jobs. Great, But How Can I Get an SBA Loan for My Business? Don't forget. To get an SBA loan, you must apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan. We can help you find the best banks for small businesses in Monroe 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: The Friends and Family Network Best Banks for Small Business in Houston, Texas
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