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December 22, 2024 |
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| Home > Small Business Lenders by State > Wisconsin Business Loan Sources > Houston, Business Loans > Jpmorgan Chase Bank Houston Business Loans > Fitness And Recreational Sports Centers Loan | ||||
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White Lake, Wisconsin Bank Loan
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Jpmorgan Chase Bank Gives SBA Loan to Fitness And Recreational Sports Centers CompanyBusiness loans in Wisconsin are are few and far betweeen these days. We take a look at one Wisconsin business loan, provided by a Texas bank, that was approved by the SBA. This company, based in White Lake, Wisconsin, offers a good example of how small businesses get financed. Taking advantage of the SBA's guaranteed loan program, they were able to get a loan from Jpmorgan Chase Bank. We've got the inside scoop on this Wisconsin small business loan. SBA Loan Borrower COMPANY TYPE: FITNESS AND RECREATIONAL SPORTS CENTERS 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 713940 - Fitness and Recreational Sports Centers Loan Approval Date 8/31/2006 Loan Approval Gross Amount $35,400 Loan Approval from the SBA Of the total $35,400 loan amount, the SBA guaranteed $17,700. More Information on This SBA Loan The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 5 employees. The SBA loan application for the borrower indicated that the loan would help retain 5 existing jobs. Great, But How Can I Get an SBA Loan for My Business? SBA loans provide smart, affordable business financing for small businesses looking to expand. This company got an SBA loan. You can too! Maybe you need seed money for business? Maybe you need money to buy a business? Regardless of why you need money, guaranteed SBA loans may be the right answer for you. 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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