Loans for Passenger Car Rental
With these loans for passenger car rental, the SBA guarantees the lender that the loan will be repaid. This passenger car rental loan for $199,400 was given to a Texas entrepreneur in 2003.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in North Richland Hills, Texas was able to borrow $199,400 from Jpmorgan Chase Bank. The SBA made the loan possible by guaranteeing $149,550 of this Texas small business loan.
SBA Loan Borrower
COMPANY TYPE: PASSENGER CAR RENTAL
NORTH RICHLAND HILLS, TX 76180
SBA Loan Lender
JPMORGAN CHASE BANK
811 RUSK ST., 16TH FL
HOUSTON, TX 77002
SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA small business loan was issued via the SBA 7a lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
532111 - Passenger Car Rental
Loan Approval Date
10/23/2003
Loan Approval Gross Amount
$199,400
Loan Approval from the SBA
Of the total $199,400 loan amount, the SBA guaranteed $149,550.
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 3 employees. The loan application indicated that the loan would help generate 1 new job and retain 2 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
If you are interested in getting money to start a business or need money to grow a business, an SBA loan can be a great way to raise money
Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Jpmorgan Chase Bank and they will explain how you can get an SBA loan for your company.
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:
Financing Your Business
SBA Banks in Houston, Texas
Texas SBA 7A Lenders