Entrepreneur Works With Houston, Texas Bank to Get an SBA Loan
Thinking about meeting with a Houston, Texas bank about a business loan? Here's one Louisiana business loan, issued by a Houston bank, that was approved by the SBA.
Applying for an SBA loan with Jpmorgan Chase Bank worked out well for our friends at one local business in Metairie, Louisiana. They received an SBA loan for $50,000. Sweet!
SBA Loan Borrower
COMPANY TYPE: LANDSCAPING SERVICES
METAIRIE, LA 70005
SBA Loan Lender
JPMORGAN CHASE BANK
811 RUSK ST., 16TH FL
HOUSTON, TX 77002
This SBA business 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
561730 - Landscaping Services
Loan Approval Date
12/14/2005
Loan Approval Gross Amount
$50,000
Loan Approval from the SBA
Of the total $50,000 loan amount, the SBA guaranteed $25,000.
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 6 employees. The SBA loan application for the borrower indicated that the loan would help retain 6 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
If you need money to start a business or need money for an existing business, an SBA loan can be a great source of funding.
Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.
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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