 |
 |
November 21, 2024 |
|
|
|
|
||
| Home > Small Business Lenders by State > Ohio Business Loan Sources > Chicago, Business Loans > Jpmorgan Chase Bank Chicago Business Loans > Car Washes Loan | ||||
 |
||||
Banks in Chicago, Illinois That Make SBA Loans
|
||||
 |
Entrepreneur Works With Chicago, Illinois Bank to Get an SBA LoanThinking about meeting with a Chicago, Illinois bank about a small business loan? Here's one Ohio business loan, issued by a Chicago bank, that was approved by the SBA. Applying for an SBA loan with Jpmorgan Chase Bank worked out well for our friends at one local business in Hebron, Ohio. They got an SBA loan for $138,700. Great job! SBA Loan Borrower COMPANY TYPE: CAR WASHES SBA Loan Lender JPMORGAN CHASE BANK This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000. 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 811192 - Car Washes Loan Approval Date 11/29/2005 Loan Approval Gross Amount $138,700 Loan Approval from the SBA Of the total $138,700 loan amount, the SBA guaranteed $69,350. 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 only one employee. The SBA loan application for the borrower indicated that the loan would help retain 1 existing job. Getting an SBA Loan For Your Business SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress. This SBA loan was for $138,700. How would you spend $138,700 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. Related Links: Family and Friend Investors - Your First Financiers Best Chicago, Illinois Banks for Small Business
|
|
||
|
||||
|
|
||||