Loan Census Banking News and Information
November 21, 2024  
 
 
  Business Loan Information  
 

Jpmorgan Chase Bank SBA 7A Franchise Loans

 

 
Loan Census SBA Loan Info

Borrow Money to Buy a Tropi-Tan Franchise

Need money to purchase a Tropi-Tan franchise? Jpmorgan Chase Bank has a history of making these loans and they are guaranteed by the SBA.

Tropi-Tan franchise loans are available to Davison, Michigan entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Jpmorgan Chase Bank, based in Phoenix, Arizona, issued an SBA franchise loan for a Tropi-Tan franchise in 2005. We've got all the details on this Michigan small business loan.

SBA Loan Borrower

KK&J ENTERPRISES, LLC DBA TROP
DAVISON, MI 48423

SBA Loan Lender

JPMORGAN CHASE BANK
1820 E SKY HARBOR CIRCLE SOUT
PHOENIX, AZ 85034

This lender provides SBA business 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

812199 - Personal Care Services

Loan Approval Date

11/7/2005

Loan Approval Gross Amount

$246,800

Loan Approval from the SBA

Of the total $246,800 loan amount, the SBA guaranteed $185,100.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Tropi-Tan franchise. At the time of the loan, the company had 3 employees. The SBA loan documents indicated that the loan would help generate 4 new jobs and retain 3 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.

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.

Related Links:

Tropi Tan Franchising

Obtaining Funding - How to Borrow Money

Best Banks in Phoenix, Arizona

Getting a Business Loan in Arizona