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November 15, 2024 |
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| Home > Small Business Lenders by State > Colorado Business Loan Sources > Houston, Business Loans > Jpmorgan Chase Bank Houston Business Loans > Cut Stone And Stone Product Manufacturing Loan | ||||
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Best Banks That Lend to Greeley Business Owners
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Jpmorgan Chase Bank Gives Small Business Loan to Cut Stone And Stone Product Manufacturing CompanySBA loans in Colorado are tough to come by these days. We take a look at one Colorado SBA loan, provided by a Texas bank, that was approved by the SBA. You can learn something about getting a small business loan in Greeley, Colorado by studying this loan to a local business, made back in 2001. Banks like Jpmorgan Chase Bank may also be willing to lend to you, given that they granted this small business loan. SBA Loan Borrower COMPANY TYPE: CUT STONE AND STONE PRODUCT MANUFACTURING SBA Loan Lender JPMORGAN CHASE BANK The lender provided this loan for a small business through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing. 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 327991 - Cut Stone and Stone Product Manufacturing Loan Approval Date 4/26/2001 Loan Approval Gross Amount $149,500 Loan Approval from the SBA Of the total $149,500 loan amount, the SBA guaranteed $74,750. 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 12 employees. This SBA loan request indicated that the loan would help generate 6 new jobs and retain 18 existing jobs. Next Steps for Getting an SBA Loan Don't forget. To get an SBA loan, you must apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan. While you may be able to find business people willing to loan money, 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. Related Links:
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