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November 24, 2024 |
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| Home > Small Business Lenders by State > Utah Business Loan Sources > Houston, Business Loans > Jpmorgan Chase Bank Houston Business Loans > Commercial And Service Industry Machinery Manufacturing Loan | ||||
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Woods Cross SBA Loans
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Jpmorgan Chase Bank Gives SBA Loan to Commercial And Service Industry Machinery Manufacturing CompanyWant an Utah small business loan? This Utah entrepreneur got a small business loan, provided by a Texas bank that works with the SBA to help small business owners. This business, based in Woods Cross, Utah, 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 Utah small business loan. SBA Loan Borrower COMPANY TYPE: COMMERCIAL AND SERVICE INDUSTRY MACHINERY MANUFACTURING SBA Loan Lender JPMORGAN CHASE BANK The lender provided this business loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing. 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 333319 - Commercial and Service Industry Machinery Manufacturing Loan Approval Date 9/28/2006 Loan Approval Gross Amount $100,000 Loan Approval from the SBA Of the total $100,000 loan amount, the SBA guaranteed $50,000. 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 8 employees. The SBA loan documents indicated that the loan would help generate 20 new jobs and retain 20 existing jobs. Start the Process for Getting an SBA Loan Today! SBA loans provide smart, affordable business financing for small businesses looking to expand. We can help you find the best banks for small businesses in Woods Cross 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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