Sunbury, OH Entrepreneur Gets SBA Loan to Buy Snap-On-Tools Franchise

Need money to buy a Snap-On-Tools franchise? Jpmorgan Chase Bank has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy a Snap-On-Tools franchise shouldn't be overly burdensome. In 2001, Jpmorgan Chase Bank issued an SBA franchise loan to an entrepreneur in Sunbury, Ohio. Because Snap-On-Tools was registered with the SBA's registry of franchises, this Ohio small business loan was issued on an expedited basis.

SBA Loan Borrower

PERFORMANCE TOOLS INC
SUNBURY, OH 43074

SBA Loan Lender

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

This lender provides SBA 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

453998 - Store Retailers

Loan Approval Date

7/24/2001

Loan Approval Gross Amount

$98,900

Loan Approval from the SBA

Of the total $98,900 loan amount, the SBA guaranteed $84,065.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Snap-On-Tools franchise. At the time of the loan, the company had only one employee. The loan application indicated that the loan would help retain 1 existing job.

Start the Process for Getting an SBA Loan Today!

If you have been wondering how do i get money to start a business in Sunbury OH, you ought to talk with a local Sunbury SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Sunbury businesses.

Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $98,900 loan. It's not easy, but why not give getting an SBA loan of your own a try?

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:

Snap-on-Tools Company

The Friends and Family Network

SBA Banks in Houston, Texas

Texas SBA 7A Banks