Getting an SBA Loan for Management Consulting Services
With these commercial loans for management consulting services, the SBA guarantees the lender that the loan will be repaid. This management consulting services loan for $150,000 was given to a Texas entrepreneur in 2003.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Denton, Texas was able to borrow $150,000 from Jpmorgan Chase Bank. The SBA made the loan possible by guaranteeing $127,500 of this Texas small business loan.
SBA Loan Borrower
COMPANY TYPE: MANAGEMENT CONSULTING SERVICES
DENTON, TX 76201
SBA Loan Lender
JPMORGAN CHASE BANK
811 RUSK ST., 16TH FL
HOUSTON, TX 77002
SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This loan was issued via the SBA 7a lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
541618 - Management Consulting Services
Loan Approval Date
2/25/2003
Loan Approval Gross Amount
$150,000
Loan Approval from the SBA
Of the total $150,000 loan amount, the SBA guaranteed $127,500.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company
had 20 employees. This SBA loan request indicated that the loan would help generate 30 new jobs and retain 50 existing jobs.
Getting an SBA Loan For Your Business
SBA loans provide money to small business owners for working capital for other expenses.
Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Jpmorgan Chase Bank and they will explain how you can get an SBA loan for your company.
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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