Bellbrook, Ohio Entrepreneur Gets a Bank Loan
Would an Ohio SBA loan help your business get to the next level? If so, you may want to talk with this Texas bank, which offers SBA loans to Ohio entrepreneurs.
By giving the right information to Jpmorgan Chase Bank, this Bellbrook, Ohio business was able to get an SBA loan. To get this loan, the applying company gave the lending institution and the SBA a clear description of what the loan proceeds would be used for and how they intended to pay the loan back.
SBA Loan Borrower
COMPANY TYPE: COMMERCIAL PHOTOGRAPHY
BELLBROOK, OH 45305
SBA Loan Lender
JPMORGAN CHASE BANK
811 RUSK ST., 16TH FL
HOUSTON, TX 77002
This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000.
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
541922 - Commercial Photography
Loan Approval Date
2/16/2005
Loan Approval Gross Amount
$193,500
Loan Approval from the SBA
Of the total $193,500 loan amount, the SBA guaranteed $96,750.
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 2 employees. The loan application indicated that the loan would help retain 2 existing jobs.
Next Steps for Getting an SBA Loan
If you are working on finding money to start a business in Bellbrook OH, you ought to talk with a local Bellbrook SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Bellbrook businesses.
We can help you find the best banks for small businesses in Bellbrook 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.
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