Jpmorgan Chase Bank SBA Loan to Women's And Misses' Suits And Coats Company
Searching for an Arizona small business loan? Here's one Arizona business loan that was approved by the SBA.
This small business needed an SBA business loan in Sun City, Arizona back in 2000 and, after submitting their loan application, they were successful in getting an SBA loan from Jpmorgan Chase Bank, operating out of Houston, Texas. Here are the details on this Arizona small business loan.
SBA Loan Borrower
COMPANY TYPE: WOMEN'S AND MISSES' SUITS AND COATS
SUN CITY, AZ 85375
SBA Loan Lender
JPMORGAN CHASE BANK
811 RUSK ST., 16TH FL
HOUSTON, TX 77002
This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000.
SBA Loan Program Type
This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.
SIC Code
2337 - Women's and Misses' Suits and Coats
Loan Approval Date
6/22/2000
Loan Approval Gross Amount
$75,000
Loan Approval from the SBA
Of the total $75,000 loan amount, the SBA guaranteed $37,500.
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 3 employees. The loan application indicated that the loan would help retain 3 existing jobs.
Getting an SBA Loan For Your Business
If you are raising money in Sun City AZ, you ought to talk with a local Sun City SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Sun City businesses.
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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