SBA Loan from Jpmorgan Chase Bank Helps Personal Services Company

An SBA loan from Jpmorgan Chase Bank typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Fredericksburg, Texas business owner got a $41,600 loan.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Fredericksburg, Texas was able to borrow $41,600 from Jpmorgan Chase Bank. The SBA made the loan possible by guaranteeing $20,800 of this Texas small business loan.

SBA Loan Borrower

COMPANY TYPE: PERSONAL SERVICES
FREDERICKSBURG, TX 78624

SBA Loan Lender

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

This 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

812990 - Personal Services

Loan Approval Date

11/4/2004

Loan Approval Gross Amount

$41,600

Loan Approval from the SBA

Of the total $41,600 loan amount, the SBA guaranteed $20,800.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 2 employees. The loan application did not indicate that the SBA funding recipient planned to use the money to hire new employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

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

This SBA loan was for $41,600. How would you spend $41,600 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.

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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