Commercial Loans for Motor Vehicle Electrical and Electronic Equipment Manufacturing

Looking for commercial loans for motor vehicle electrical and electronic equipment manufacturing? Try the SBA. This $10,000 motor vehicle electrical and electronic equipment manufacturing loan was issued by a Texas bank.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Fort Worth, Texas was able to borrow $10,000 from Jpmorgan Chase Bank. The SBA made the loan possible by guaranteeing $5,000 of this Texas small business loan.

SBA Loan Borrower

COMPANY TYPE: MOTOR VEHICLE ELECTRICAL AND ELECTRONIC EQUIPMENT MANUFACTURING
FORT WORTH, TX 76140

SBA Loan Lender

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

This commercial 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

336322 - Motor Vehicle Electrical and Electronic Equipment Manufacturing

Loan Approval Date

12/12/2005

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 a new business. This loan was not for a franchise. At the time of the loan, the company had only one employee. The loan application indicated that the loan would help generate 1 new job and retain 2 existing jobs.

Next Steps for Getting an SBA Loan

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

While you may be able to borrow money from friends and family, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan.

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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