General Rental Centers Loans
With these loans for general rental centers, the SBA guarantees the lender that the loan will be repaid. This general rental centers loan for $25,000 was given to an Indiana entrepreneur in 2005.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Fort Wayne, Indiana was able to borrow $25,000 from Jpmorgan Chase Bank. The SBA made the loan possible by guaranteeing $12,500 of this Indiana small business loan.
SBA Loan Borrower
COMPANY TYPE: GENERAL RENTAL CENTERS
FORT WAYNE, IN 46825
SBA Loan Lender
JPMORGAN CHASE BANK
811 RUSK ST., 16TH FL
HOUSTON, TX 77002
This lender processed this bank loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.
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
532310 - General Rental Centers
Loan Approval Date
3/21/2005
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. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company
had 4 employees. This SBA loan request indicated that the funding would help create 2 new jobs.
Start the Process for Getting an SBA Loan Today!
If you are raising money in Fort Wayne IN, you ought to talk with a local Fort Wayne SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Fort Wayne businesses.
We can help you find the best banks for small businesses in Fort Wayne 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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