Jpmorgan Chase Bank Provides SBA Loan to Buy Millennium Linnings & Accessories Franchise

Need money to buy a Millennium Linnings & Accessories franchise? Jpmorgan Chase Bank has a history of making these loans and they are guaranteed by the SBA.

Want to borrow money to buy a Millennium Linnings & Accessories franchise? If so, here's a 2003 SBA franchise loan that you should know about. Jpmorgan Chase Bank was the lender and the entrepreneur was based in Indianapolis, Indiana.

SBA Loan Borrower

MILLENIUM LININGS & ACCESSORIE
INDIANAPOLIS, IN 46234

SBA Loan Lender

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

This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

441310 - Automotive Parts and Accessories Stores

Loan Approval Date

4/23/2003

Loan Approval Gross Amount

$629,000

Loan Approval from the SBA

Of the total $629,000 loan amount, the SBA guaranteed $471,750.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Millennium Linnings & Accessories franchise. At the time of the loan, the company had 8 employees. This SBA loan request indicated that the loan would help retain 8 existing jobs.

Next Steps for Getting an SBA Loan

SBA loans provide money to small business owners for working capital for other expenses.

This SBA loan was for $629,000. How would you spend $629,000 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.

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