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April 27, 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 > Luggage And Leather Goods Stores Loan | ||||
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Small Business Banks for New York, New York Small Business Owners
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Financing for Luggage and Leather Goods StoresLooking for commercial loans for luggage and leather goods stores? An SBA loan may be just what you've been looking for. This $617,400 luggage and leather goods stores loan was issued by a Texas bank. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in New York, New York was able to borrow $617,400 from Jpmorgan Chase Bank. The SBA made the loan possible by guaranteeing $463,050 of this New York small business loan. SBA Loan Borrower COMPANY TYPE: LUGGAGE AND LEATHER GOODS STORES SBA Loan Lender JPMORGAN CHASE BANK This lender provides SBA business loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 448320 - Luggage and Leather Goods Stores Loan Approval Date 2/15/2006 Loan Approval Gross Amount $617,400 Loan Approval from the SBA Of the total $617,400 loan amount, the SBA guaranteed $463,050. More Information on This SBA Loan The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 40 employees. The SBA loan application for the borrower indicated that the loan would help generate 18 new jobs and retain 40 existing jobs. Getting an SBA Loan For Your Business SBA loans provide smart, affordable business financing for small businesses looking to expand. Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Jpmorgan Chase Bank that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP). 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:
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