Borrow Money to Buy a Sign-A-Rama Franchise
Borrowing money to buy a Sign-A-Rama franchise? Jpmorgan Chase Bank has a history of making these loans and they are guaranteed by the SBA.
An entrepreneur in West Jordan, Utah needed money to invest in a Sign-A-Rama franchise back in 2007. Jpmorgan Chase Bank issued an SBA franchise loan. Here are the details on this Utah small business loan.
SBA Loan Borrower
GOLDMAN & GOLDMAN INC.
WEST JORDAN, UT 84088
SBA Loan Lender
JPMORGAN CHASE BANK
811 RUSK ST., 16TH FL
HOUSTON, TX 77002
This lender processed this business loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.
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
561439 - Business Service Centers
Loan Approval Date
8/3/2007
Loan Approval Gross Amount
$50,000
Loan Approval from the SBA
Of the total $50,000 loan amount, the SBA guaranteed $25,000.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was used to buy a Sign-A-Rama franchise. At the time of the loan, the company
had 3 employees. This SBA loan request indicated that the loan would help generate 1 new job and retain 4 existing jobs.
Next Steps for Getting an SBA Loan
SBA loans provide money to small business owners for working capital for other expenses.
If you need to find money for a business, the SBA has special programs for you. We've put a spotlight on this loan from Jpmorgan Chase Bank so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.
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:
SIGN*A*RAMA
Small Business Credit Cards
Good Banks for Small Business in Houston, Texas
Where to Get an SBA Loan Texas