Small Business Loans for Meat Processed from Carcasses
With these small business loans for meat processed from carcasses, the SBA guarantees the lender that the loan will be repaid. This meat processed from carcasses loan for $163,600 was given to an Arizona entrepreneur in 2000.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Willcox, Arizona was able to borrow $163,600 from Jpmorgan Chase Bank. The SBA made the loan possible by guaranteeing $122,700 of this Arizona small business loan.
SBA Loan Borrower
COMPANY TYPE: MEATS AND MEAT PRODUCTS
WILLCOX, AZ 85643
SBA Loan Lender
JPMORGAN CHASE BANK
811 RUSK ST., 16TH FL
HOUSTON, TX 77002
This lender issued this bank loan under the SBA's 7A loan, in which the SBA provides guaranteed loans to small business owners. This lending program dates back to 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
5147 - Meats and Meat Products
NAICS Code
311612 - Meat Processed from Carcasses
Loan Approval Date
12/21/2000
Loan Approval Gross Amount
$163,600
Loan Approval from the SBA
Of the total $163,600 loan amount, the SBA guaranteed $122,700.
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 6 employees. The loan application did not indicate that the SBA funding recipient promised to use the money to hire new employees or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
If you are wondering how to raise money for a company in Willcox AZ, you ought to talk with a local Willcox SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Willcox businesses.
This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.
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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SBA 7A Lenders in Houston, Texas
SBA Texas Banks