Raising Money for Relay and Industrial Control Manufacturing
Looking for business loans for relay and industrial control manufacturing? Talk to a banker who works with the SBA. This $193,600 relay and industrial control manufacturing loan was issued by a Texas bank.
This small business knew how to go about getting a business bank loan. Based in Washingtonville, Ohio, they applied for and were awarded an SBA-guaranteed loan in 2001. The lending bank was Jpmorgan Chase Bank, based in Houston, Texas.
SBA Loan Borrower
COMPANY TYPE: RELAY AND INDUSTRIAL CONTROL MANUFACTURING
WASHINGTONVILLE, OH 44490
SBA Loan Lender
JPMORGAN CHASE BANK
811 RUSK ST., 16TH FL
HOUSTON, TX 77002
This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
335314 - Relay and Industrial Control Manufacturing
Loan Approval Date
5/9/2001
Loan Approval Gross Amount
$193,600
Loan Approval from the SBA
Of the total $193,600 loan amount, the SBA guaranteed $145,200.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had 18 employees. The loan application indicated that the loan would help generate 3 new jobs and retain 15 existing jobs.
Start the Process for Getting an SBA Loan Today!
If you need money to start a small business or need money to grow a business, an SBA loan can be a great way to raise money
Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Jpmorgan Chase Bank and they will explain how you can get an SBA loan for your company.
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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