Houston, Texas Bank Gives SBA Loan to Engineering Services Company
Thinking about meeting with a Houston, Texas bank about a small business loan? Here's one Texas 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 firm in Stafford, Texas. The business was able to get an SBA loan for $100,000. Nice!
SBA Loan Borrower
COMPANY TYPE: ENGINEERING SERVICES
Stafford, TX 77459
SBA Loan Lender
JPMORGAN CHASE BANK
811 RUSK ST., 16TH FL
HOUSTON, TX 77002
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
541330 - Engineering Services
Loan Approval Date
5/10/2007
Loan Approval Gross Amount
$100,000
Loan Approval from the SBA
Of the total $100,000 loan amount, the SBA guaranteed $50,000.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company
had 2 employees. The SBA loan documents indicated that the loan would help generate 2 new jobs and retain 2 existing jobs.
Getting an SBA Loan For Your Business
If you are wondering how to raise money for a company in Stafford TX, you ought to talk with a local Stafford SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Stafford businesses.
We can help you find the best banks for small businesses in Stafford or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.
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:
Business Cash Advances
Banks in Houston, Texas
Texas SBA Banks