SBA Loan from Jpmorgan Chase Bank Helps Manufactured Home Dealers Company
Jpmorgan Chase Bank and the SBA work together to get business loans for growing small businesses. Here's an example of how an Ohio entrepreneur was able to get a loan to take a small business to the next level.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Dublin, Ohio was able to borrow $77,000 from Jpmorgan Chase Bank. The SBA made the loan possible by guaranteeing $65,450 of this Ohio small business loan.
SBA Loan Borrower
COMPANY TYPE: MANUFACTURED HOME DEALERS
DUBLIN, OH 43016
SBA Loan Lender
JPMORGAN CHASE BANK
811 RUSK ST., 16TH FL
HOUSTON, TX 77002
As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
453930 - Manufactured Home Dealers
Loan Approval Date
5/10/2001
Loan Approval Gross Amount
$77,000
Loan Approval from the SBA
Of the total $77,000 loan amount, the SBA guaranteed $65,450.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company
had 4 employees. This SBA loan request indicated that the loan would help generate 6 new jobs and retain 4 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
If you are wondering how to raise money for a company in Dublin OH, you ought to talk with a local Dublin SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Dublin businesses.
This company got an SBA loan. You can too! Maybe you want money for start up business? Maybe you want money to buy a franchise? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.
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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