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May 2, 2024 |
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| Home > Small Business Lenders by State > Texas Business Loan Sources > Houston, Business Loans > Jpmorgan Chase Bank Houston Business Loans > Lessors Of Residential Buildingsv And Dwellings Loan | ||||
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Requirements for Businesses On Getting a Loan
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Lessors of Residential Buildingsv and Dwellings SBA LoansWith these SBA loans for lessors of residential buildingsv and dwellings, the SBA guarantees the lender that the loan will be repaid. This lessors of residential buildingsv and dwellings loan for $75,000 was given to a Texas entrepreneur in 2007. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Stafford, Texas was able to borrow $75,000 from Jpmorgan Chase Bank. The SBA made the loan possible by guaranteeing $37,500 of this Texas small business loan. SBA Loan Borrower COMPANY TYPE: LESSORS OF RESIDENTIAL BUILDINGSV AND DWELLINGS SBA Loan Lender JPMORGAN CHASE BANK This SBA bank 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 531110 - Lessors of Residential Buildingsv and Dwellings Loan Approval Date 5/10/2007 Loan Approval Gross Amount $75,000 Loan Approval from the SBA Of the total $75,000 loan amount, the SBA guaranteed $37,500. More Information on This SBA Loan The borrower borrowed this money for a new 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 2 employees. The SBA loan application for the borrower indicated that the loan would help generate 1 new job and retain 3 existing jobs. Start the Process for Getting an SBA Loan Today! SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews. While you may be able to find business people willing to loan money, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan. 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: Banking Deregulation's Effects on Entrepreneurship Good Banks for Small Business in Houston, Texas
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