Loan Census Banking News and Information
November 21, 2024  
 
 
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Houston, Texas SBA 7A Banks

 

 
Loan Census SBA Loan Info

Houston, Texas Bank Lends Money to Real Estate Credit Company in Denver, Colorado

Want to talk with a Houston, Texas bank about an SBA loan? Here's one Colorado 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 company in Denver, Colorado. They received an SBA loan for $25,000. Way to go!

SBA Loan Borrower

COMPANY TYPE: REAL ESTATE CREDIT
DENVER, CO 80234

SBA Loan Lender

JPMORGAN CHASE BANK
811 RUSK ST., 16TH FL
HOUSTON, TX 77002

This small business 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

522292 - Real Estate Credit

Loan Approval Date

4/4/2007

Loan Approval Gross Amount

$25,000

Loan Approval from the SBA

Of the total $25,000 loan amount, the SBA guaranteed $12,500.

More Information on This SBA Loan

The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 4 employees. The loan application indicated that the loan would help generate 1 new job and retain 4 existing jobs.

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

SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.

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.

Related Links:

Realistic Debt Financing Options

Small Business Banks in Houston, Texas

SBA Texas Banks