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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 > General Industrial Machinery And Equipment, N.E.C Loan | ||||
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How to Get an SBA Loan in Verona, Wisconsin
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Jpmorgan Chase Bank Gives Bank Loan to General Industrial Machinery And Equipment, N.E.C CompanyWisconsinBank loans are available to Wisconsin firms through the SBA. In this case, a Texas bank provides the loan. Getting a small business loan in Verona, Wisconsin was a top priority for this loan applicant back in 2000 and, based on their loan application, they were successful in getting an SBA loan from Jpmorgan Chase Bank. Here are the details on this Wisconsin small business loan. SBA Loan Borrower COMPANY TYPE: GENERAL INDUSTRIAL MACHINERY AND EQUIPMENT, N.E.C SBA Loan Lender JPMORGAN CHASE BANK As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 3569 - General Industrial Machinery and Equipment, N.E.C NAICS Code 333999 - General Purpose Machinery Manufacturing Loan Approval Date 8/29/2000 Loan Approval Gross Amount $934,700 Loan Approval from the SBA Of the total $934,700 loan amount, the SBA guaranteed $701,025. More Information on This SBA Loan The borrower borrowed this money for an existing 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 retain 10 existing jobs. Next Steps for Getting an SBA Loan If you are wondering how to find money to start a business or need money for an existing business, an SBA loan can be a great source of funding. Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Jpmorgan Chase Bank and they will explain how you can get an SBA loan for your company. 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: Determining Proper Capital Structure for a Business SBA 7A Banks for Houston, Texas Loans
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