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November 21, 2024 |
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| Home > Small Business Lenders by State > Oklahoma Business Loan Sources > Houston, Business Loans > Jpmorgan Chase Bank Houston Business Loans > Carpentry Contractors Loan | ||||
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SBA Lender Houston, Texas
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Houston, Texas Bank Gives SBA Loan to Carpentry Contractors CompanyThinking about meeting with a Houston, Texas bank about a business loan? Here's one Oklahoma 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 Oklahoma City, Oklahoma. The business was able to get an SBA loan for $25,000. Way to go! SBA Loan Borrower COMPANY TYPE: CARPENTRY CONTRACTORS SBA Loan Lender JPMORGAN CHASE BANK This lender processed this small business 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 235510 - Carpentry Contractors Loan Approval Date 8/19/2005 Loan Approval Gross Amount $25,000 Loan Approval from the SBA Of the total $25,000 loan amount, the SBA guaranteed $12,500. 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 3 employees. The SBA loan documents did not indicate that the company planned to use the loan proceeds to hire new employees or retain any existing employees. Getting an SBA Loan For Your Business SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA. Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $25,000 loan. Remember, you control your own destiny. 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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