Business Loan from Jpmorgan Chase Bank Given to Caterers Company

An SBA loan from Jpmorgan Chase Bank typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a North Royalton, Ohio business owner got a $30,500 loan.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in North Royalton, Ohio was able to borrow $30,500 from Jpmorgan Chase Bank. The SBA made the loan possible by guaranteeing $15,250 of this Ohio small business loan.

SBA Loan Borrower

COMPANY TYPE: CATERERS
NORTH ROYALTON, OH 44133

SBA Loan Lender

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

This lender processed this SBA 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

722320 - Caterers

Loan Approval Date

8/1/2002

Loan Approval Gross Amount

$30,500

Loan Approval from the SBA

Of the total $30,500 loan amount, the SBA guaranteed $15,250.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 27 employees. The loan application indicated that the loan would help retain 27 existing jobs.

Start the Process for Getting an SBA Loan Today!

SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.

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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