Jpmorgan Chase Bank SBA Loan to Personal Services Company
Jpmorgan Chase Bank has a track record as a leading provider of SBA loans. Find out how this Arizona entrepreneur received an SBA loan from them.
This growing company knew how to go about getting a business bank loan. Based in Scottsdale, Arizona, they applied for and received an SBA-guaranteed loan in 2005. The lending bank was Jpmorgan Chase Bank, based in Columbus, Ohio.
SBA Loan Borrower
COMPANY TYPE: PERSONAL SERVICES
SCOTTSDALE, AZ 85260
SBA Loan Lender
JPMORGAN CHASE BANK
100 E BROAD ST
COLUMBUS, OH 43215
This commercial loan 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
812990 - Personal Services
Loan Approval Date
11/30/2005
Loan Approval Gross Amount
$30,000
Loan Approval from the SBA
Of the total $30,000 loan amount, the SBA guaranteed $15,000.
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 SBA loan application for the borrower indicated that the borrowed money would help create 1 new job.
Next Steps for Getting an SBA Loan
Many small businesses receive loans backed by the U.S. Small Business Administration.
Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Jpmorgan Chase Bank that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).
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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