Loan Census Banking News and Information
November 21, 2024  
 
 
  Business Loan Information  
 

Raising Money in Gilbert, Arizona With SBA Loans

 

 
Loan Census SBA Loan Info

Optometrists Commercial Loans

With these commercial loans for optometrists, the SBA guarantees the lender that the loan will be repaid. This optometrists loan for $187,800 was given to an Arizona entrepreneur in 2004.

Getting a small business loan in Gilbert, Arizona was important for this business back in 2004 and, based on their loan application, they were successful in getting an SBA loan from Jpmorgan Chase Bank, operating out of Houston, Texas. Here are the details on this Arizona small business loan.

SBA Loan Borrower

COMPANY TYPE: OPTOMETRISTS
GILBERT, AZ 85234

SBA Loan Lender

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

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

621320 - Optometrists

Loan Approval Date

5/14/2004

Loan Approval Gross Amount

$187,800

Loan Approval from the SBA

Of the total $187,800 loan amount, the SBA guaranteed $140,850.

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. The SBA loan application for the borrower indicated that the loan would help generate 1 new job and retain 4 existing jobs.

Start the Process for Getting an SBA Loan Today!

SBA loans provide smart, affordable business financing for small businesses looking to expand.

Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Jpmorgan Chase Bank that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).

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:

The Art of Bootstrapping

Banks in Houston, Texas

Texas SBA 7A Lenders