Loan Census Banking News and Information
October 30, 2024  
 
 
  Business Loan Information  
 

Jpmorgan Chase Bank SBA 7A Loans

 

 
Loan Census SBA Loan Info

Getting an SBA Loan for Plumbing, Heating, and Air-Conditioning Contractors

Looking for commercial loans for plumbing, heating, and air-conditioning contractors? Try the SBA. This $25,000 plumbing, heating, and air-conditioning contractors loan was issued by a Texas bank.

This business knew how to go about getting a business bank loan. Based in Brighton, Colorado, they applied for and were awarded an SBA-guaranteed loan in 2006. The lending bank was Jpmorgan Chase Bank, based in Houston, Texas.

SBA Loan Borrower

COMPANY TYPE: PLUMBING, HEATING, AND AIR-CONDITIONING CONTRACTORS
BRIGHTON, CO 80601

SBA Loan Lender

JPMORGAN CHASE BANK
811 RUSK ST., 16TH FL
HOUSTON, TX 77002

This lender processed this SBA business loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.

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

238220 - Plumbing, Heating, and Air-Conditioning Contractors

Loan Approval Date

1/25/2006

Loan Approval Gross Amount

$25,000

Loan Approval from the SBA

Of the total $25,000 loan amount, the SBA guaranteed $12,500.

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 4 employees. The SBA loan documents indicated that the loan would help generate 2 new jobs and retain 4 existing jobs.

Getting an SBA Loan For Your Business

If you are working on finding money to start a business in Brighton CO, you ought to talk with a local Brighton SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Brighton businesses.

If you need emergency money for small business, the SBA has special programs for you. We've put a spotlight on this loan from Jpmorgan Chase Bank so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.

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:

Obtaining Funding - How to Borrow Money

SBA Participating Banks in Houston, Texas

Browse All Business Loan Sources for Texas