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May 5, 2024 |
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| Home > Small Business Lenders by State > New York Business Loan Sources > Houston, Business Loans > Jpmorgan Chase Bank Houston Business Loans > Advertising Agencies Loan | ||||
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SBA 7A Banks That Lend to New York Entrepreneurs
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Company Gets a New York Bank LoanSBA loans in New York are hard to find these days. We take a look at one New York SBA loan, provided by a Texas bank, that was approved by the SBA. You can learn something about getting a small business loan in New York, New York by studying this loan to a local business, made back in 2007. Banks like Jpmorgan Chase Bank may also be willing to lend to you, given that they granted this small business loan. SBA Loan Borrower COMPANY TYPE: ADVERTISING AGENCIES SBA Loan Lender JPMORGAN CHASE BANK This loan for a small business 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 541810 - Advertising Agencies Loan Approval Date 12/13/2007 Loan Approval Gross Amount $25,400 Loan Approval from the SBA Of the total $25,400 loan amount, the SBA guaranteed $12,700. More Information on This SBA Loan The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 12 employees. The SBA loan documents indicated that the loan would help generate 15 new jobs and retain 12 existing jobs. Start the Process for Getting an SBA Loan Today! Although it's called an SBA loan, you 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 New York 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: Find an SBA Lender in Houston, Texas
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