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November 21, 2024 |
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| Home > Small Business Lenders by State > Louisiana Business Loan Sources > Houston, Business Loans > Jpmorgan Chase Bank Houston Business Loans > Traveler Accommodation Loan | ||||
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Raising Money in Lucy, Louisiana With SBA Loans
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Raising Money for Traveler AccommodationLooking for business loans for traveler accommodation? Try the SBA. This $100,000 traveler accommodation loan was issued by a Texas bank. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Lucy, Louisiana was able to borrow $100,000 from Jpmorgan Chase Bank. The SBA made the loan possible by guaranteeing $85,000 of this Louisiana small business loan. SBA Loan Borrower COMPANY TYPE: TRAVELER ACCOMMODATION SBA Loan Lender JPMORGAN CHASE BANK SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA bank loan was issued via the SBA 7a lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 721199 - Traveler Accommodation Loan Approval Date 4/1/2002 Loan Approval Gross Amount $100,000 Loan Approval from the SBA Of the total $100,000 loan amount, the SBA guaranteed $85,000. More Information on This SBA Loan The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 5 employees. The SBA loan documents indicated that the loan would help retain 5 existing jobs. Start the Process for Getting an SBA Loan Today! SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress. 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: Raising VC Money for Social Networking Companies Who Lends Money to Small Businesses in Houston, Texas
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