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May 6, 2024 |
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| Home > Small Business Lenders by State > Illinois Business Loan Sources > Houston, Business Loans > Jpmorgan Chase Bank Houston Business Loans > Fabricated Structural Metal Manufacturing Loan | ||||
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Raising Money in Wood Dale, Illinois With SBA Loans
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Raising Money for Fabricated Structural Metal ManufacturingWith these business loans for fabricated structural metal manufacturing, the SBA guarantees the lender that the loan will be repaid. This fabricated structural metal manufacturing loan for $205,100 was given to an Illinois entrepreneur in 2007. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Wood Dale, Illinois was able to borrow $205,100 from Jpmorgan Chase Bank. The SBA made the loan possible by guaranteeing $153,825 of this Illinois small business loan. SBA Loan Borrower COMPANY TYPE: FABRICATED STRUCTURAL METAL MANUFACTURING SBA Loan Lender JPMORGAN CHASE BANK This lender provides SBA commercial 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 332312 - Fabricated Structural Metal Manufacturing Loan Approval Date 9/28/2007 Loan Approval Gross Amount $205,100 Loan Approval from the SBA Of the total $205,100 loan amount, the SBA guaranteed $153,825. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 12 employees. The SBA loan application for the borrower indicated that the loan would help generate 2 new jobs and retain 12 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 other ways to get money to start a business, 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: SBA 7A Lenders in Houston, Texas
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