Houston, Texas Lender Lends Money to Cemeteries And Crematories Company
Want to talk with a Houston, Texas bank about a business loan? Here's one Arizona business loan, issued by a Houston bank, that was approved by the SBA.
Applying for an SBA loan with Jpmorgan Chase Bank worked out well for our friends at one local business in Cottonwood, Arizona. The business was able to get an SBA loan for $1,247,000. Great job!
SBA Loan Borrower
COMPANY TYPE: CEMETERIES AND CREMATORIES
COTTONWOOD, AZ 86326
SBA Loan Lender
JPMORGAN CHASE BANK
811 RUSK ST., 16TH FL
HOUSTON, TX 77002
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.
NAICS Code
812220 - Cemeteries and Crematories
Loan Approval Date
1/4/2005
Loan Approval Gross Amount
$1,247,000
Loan Approval from the SBA
Of the total $1,247,000 loan amount, the SBA guaranteed $935,250.
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 12 employees. The SBA loan application for the borrower indicated that the loan would help retain 12 existing jobs.
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SBA loans provide money to small business owners for working capital for other expenses.
We've showcased information on this loan to let you know that businesses like yours 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.
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