Business Loans for Schools and Instruction
Looking for business loans for schools and instruction? The SBA may be the answer. This $410,300 schools and instruction loan was issued by a Texas bank.
This small business knew how to go about getting a business bank loan. Based in Pearland, Texas, they applied for and were awarded an SBA-guaranteed loan in 2006. The lending bank was Jpmorgan Chase Bank, based in Houston, Texas.
SBA Loan Borrower
COMPANY TYPE: SCHOOLS AND INSTRUCTION
PEARLAND, TX 77584
SBA Loan Lender
JPMORGAN CHASE BANK
811 RUSK ST., 16TH FL
HOUSTON, TX 77002
This lender provides SBA small business loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
611699 - Schools and Instruction
Loan Approval Date
11/2/2006
Loan Approval Gross Amount
$410,300
Loan Approval from the SBA
Of the total $410,300 loan amount, the SBA guaranteed $307,725.
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 no employees. The loan application indicated that the loan would help generate 27 new jobs and retain 27 existing jobs.
Next Steps for Getting an SBA Loan
SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory.
We've showcased information on this loan to let you know that businesses like yours 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:
Advice on Getting a Small Business Loan
SBA Banks in Houston, Texas
SBA Lenders in Texas