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November 15, 2024 |
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| Home > Small Business Lenders by State > Indiana Business Loan Sources > Chicago, Business Loans > Jpmorgan Chase Bank Chicago Business Loans > Building Equipment And Machinery Installation Contractors Loan | ||||
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We Needed an SBA Loan in Hobart, Indiana and We Got One!
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Get an SBA Loan for Building Equipment and Machinery Installation ContractorsLooking for loans for building equipment and machinery installation contractors? Try the SBA. This $8,200 building equipment and machinery installation contractors loan was issued by an Illinois bank. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Hobart, Indiana was able to borrow $8,200 from Jpmorgan Chase Bank. The SBA made the loan possible by guaranteeing $4,100 of this Indiana small business loan. SBA Loan Borrower COMPANY TYPE: BUILDING EQUIPMENT AND MACHINERY INSTALLATION CONTRACTORS SBA Loan Lender JPMORGAN CHASE BANK The lender provided this business loan 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 235950 - Building Equipment and Machinery Installation Contractors Loan Approval Date 11/28/2005 Loan Approval Gross Amount $8,200 Loan Approval from the SBA Of the total $8,200 loan amount, the SBA guaranteed $4,100. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had only one employee. The SBA loan documents indicated that the loan would help retain 1 existing job. Next Steps for Getting an SBA Loan SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress. This company got an SBA loan. You can too! Maybe you want money for start up business? Maybe you have a business and need capital to get to the next level? Regardless of why you need money, guaranteed SBA loans may be the right answer for you. 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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