Business Support Services Business Loans
With these business loans for business support services, the SBA guarantees the lender that the loan will be repaid. This business support services loan for $25,300 was given to a Colorado entrepreneur in 2006.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Littleton, Colorado was able to borrow $25,300 from Jpmorgan Chase Bank. The SBA made the loan possible by guaranteeing $12,650 of this Colorado small business loan.
SBA Loan Borrower
COMPANY TYPE: BUSINESS SUPPORT SERVICES
LITTLETON, CO 80124
SBA Loan Lender
JPMORGAN CHASE BANK
811 RUSK ST., 16TH FL
HOUSTON, TX 77002
This lender processed this business loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.
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
561499 - Business Support Services
Loan Approval Date
7/31/2006
Loan Approval Gross Amount
$25,300
Loan Approval from the SBA
Of the total $25,300 loan amount, the SBA guaranteed $12,650.
More Information on This SBA Loan
The borrower borrowed this money for an existing 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 8 employees. The loan application indicated that the loan would help generate 1 new job and retain 8 existing jobs.
Getting an SBA Loan For Your Business
SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory.
This SBA loan was for $25,300. How would you spend $25,300 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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