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December 22, 2024 |
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| Home > Small Business Lenders by State > Oklahoma Business Loan Sources > Houston, Business Loans > Jpmorgan Chase Bank Houston Business Loans > Nonmetallic Mineral Product Manufacturing Loan | ||||
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Jpmorgan Chase Bank
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Jpmorgan Chase Bank SBA Loan to Nonmetallic Mineral Product Manufacturing CompanyAn SBA loan from Jpmorgan Chase Bank typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Coweta, Oklahoma business owner got a $50,000 loan. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Coweta, Oklahoma was able to borrow $50,000 from Jpmorgan Chase Bank. The SBA made the loan possible by guaranteeing $25,000 of this Oklahoma small business loan. SBA Loan Borrower COMPANY TYPE: NONMETALLIC MINERAL PRODUCT MANUFACTURING SBA Loan Lender JPMORGAN CHASE BANK This commercial loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours. 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 327999 - Nonmetallic Mineral Product Manufacturing Loan Approval Date 5/27/2005 Loan Approval Gross Amount $50,000 Loan Approval from the SBA Of the total $50,000 loan amount, the SBA guaranteed $25,000. 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 loan application indicated that the loan would help retain 4 existing jobs. Start the Process for Getting an SBA Loan Today! Remember, you apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan. Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $50,000 loan. It's not easy, but why not give getting an SBA loan of your own a try? 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: Small Business Banks in Houston, Texas Browse All Business Loan Sources for Texas
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