Business Loan from Jpmorgan Chase Bank Given to Engineering Services Company

An SBA loan from Jpmorgan Chase Bank typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Dayton, Ohio business owner got a $10,000 loan.

Getting a small business loan in Dayton, Ohio was an essential business goal for this firm back in 2005 and, based on their loan application, they were successful in getting an SBA loan from Jpmorgan Chase Bank, operating out of Chicago, Illinois. Here are the details on this Ohio small business loan.

SBA Loan Borrower

COMPANY TYPE: ENGINEERING SERVICES
DAYTON, OH 45414

SBA Loan Lender

JPMORGAN CHASE BANK
ONE BANK ONE PLAZA, 2 S DEARB
CHICAGO, IL 60670

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

541330 - Engineering Services

Loan Approval Date

11/28/2005

Loan Approval Gross Amount

$10,000

Loan Approval from the SBA

Of the total $10,000 loan amount, the SBA guaranteed $5,000.

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 only one employee. The SBA loan documents indicated that the loan would help retain 1 existing job.

Getting an SBA Loan For Your Business

If you are wondering how to raise money for a business in Dayton OH, you ought to talk with a local Dayton SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Dayton businesses.

We can help you find the best banks for small businesses in Dayton 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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