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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 > Dried And Dehydrated Food Manufacturing Loan | ||||
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Business Loan from Jpmorgan Chase Bank
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Business Loan from Jpmorgan Chase Bank Given to Dried And Dehydrated Food Manufacturing CompanyJpmorgan Chase Bank is a source for SBA loans that have lower down payments and longer repayment terms than many other financing options. To help you understand SBA loans, we've featured one Colorado entrepreneur who tapped into the power of SBA loans. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Highlands Ranch, Colorado was able to borrow $48,500 from Jpmorgan Chase Bank. The SBA made the loan possible by guaranteeing $24,250 of this Colorado small business loan. SBA Loan Borrower COMPANY TYPE: DRIED AND DEHYDRATED FOOD MANUFACTURING SBA Loan Lender JPMORGAN CHASE BANK 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 311423 - Dried and Dehydrated Food Manufacturing Loan Approval Date 4/6/2007 Loan Approval Gross Amount $48,500 Loan Approval from the SBA Of the total $48,500 loan amount, the SBA guaranteed $24,250. 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 2 employees. The SBA loan documents indicated that the loan would help generate 4 new jobs and retain 6 existing jobs. Next Steps for Getting an SBA Loan SBA loans provide money to small business owners for working capital for other expenses. 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: Good Banks for Small Business in Houston, Texas
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