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November 21, 2024  
 
 
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SBA 7A Banks for New York Small Businesses

 

 
Loan Census SBA Loan Info

SBA Loans for Public Relations Agencies

Looking for SBA loans for public relations agencies? Try the SBA. This $305,700 public relations agencies loan was issued by a Texas bank.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in New York, New York was able to borrow $305,700 from Jpmorgan Chase Bank. The SBA made the loan possible by guaranteeing $152,850 of this New York small business loan.

SBA Loan Borrower

COMPANY TYPE: PUBLIC RELATIONS AGENCIES
NEW YORK, NY 10016

SBA Loan Lender

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

This loan for a small business 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

541820 - Public Relations Agencies

Loan Approval Date

1/24/2007

Loan Approval Gross Amount

$305,700

Loan Approval from the SBA

Of the total $305,700 loan amount, the SBA guaranteed $152,850.

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 23 employees. The loan application indicated that the loan would help retain 23 existing jobs.

Next Steps for Getting an SBA Loan

If you are raising money in New York NY, you ought to talk with a local New York SBA lender or talk with an out-of-area SBA lender that has previously loaned money to New York businesses.

While you may be able to find other ways to get money to start a business, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan.

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:

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