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November 23, 2024 |
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| Home > Small Business Lenders by State > Illinois Business Loan Sources > Houston, Business Loans > Jpmorgan Chase Bank Houston Business Loans > Brick, Stone, And Related Construction Material Merchant Wholesalers Loan | ||||
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Banks in Illinois
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Financing for Brick, Stone, and Related Construction Material Merchant WholesalersWith these loans for brick, stone, and related construction material merchant wholesalers, the SBA guarantees the lender that the loan will be repaid. This brick, stone, and related construction material merchant wholesalers loan for $75,000 was given to an Illinois entrepreneur in 2006. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Warrenville, Illinois was able to borrow $75,000 from Jpmorgan Chase Bank. The SBA made the loan possible by guaranteeing $37,500 of this Illinois small business loan. SBA Loan Borrower COMPANY TYPE: BRICK, STONE, AND RELATED CONSTRUCTION MATERIAL MERCHANT WHOLESALERS SBA Loan Lender JPMORGAN CHASE BANK 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. NAICS Code 423320 - Brick, Stone, and Related Construction Material Merchant Wholesalers Loan Approval Date 10/25/2006 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 a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 2 employees. This SBA loan request indicated that the loan would help retain 3 existing jobs. Start the Process for Getting an SBA Loan Today! The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need. We can help you find the best banks for small businesses in Warrenville 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:
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