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| Entrepreneur Resources | Jpmorgan Chase Bank Houston Business Loans | ||||
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Houston, Texas Bank for SBA Loans
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Houston, Texas Bank Gives SBA Loan to Cathy's Cleaners CorporationGet business loans from a Houston, Texas bank that knows how to treat small business owners right! If Cathy's Cleaners Corporation can get a loan, there's no reason you can't do it too.
Jpmorgan Chase Bank is a Houston, Texas small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to Cathy's Cleaners Corporation a Texas company. SBA Loan Borrower CATHY'S CLEANERS CORPORATION 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 812320 - Drycleaning and Laundry Services (except Coin-Operated) Loan Approval Date 10/4/2005 Loan Approval Gross Amount $50,400 Loan Approval from the SBA Of the total $50,400 loan amount, the SBA guaranteed $25,200. More Information on This SBA Loan The borrower, Cathy's Cleaners Corporation, 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 7 employees. This SBA loan request indicated that the loan would help generate 3 new jobs and retain 7 existing jobs. This loan was paid in full, and was closed out on 7/31/2007. Start the Process for Getting an SBA Loan Today! SBA loans provide smart, affordable business financing for small businesses looking to expand. Your solution for where to find money to start a business may be an SBA guaranteed loan. Cathy's Cleaners Corporation recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process. About This SBA Loan Information: All SBA loan data displayed above comes from the government's SBA loan database. Related Links: Determining Proper Capital Structure for a Business Best Houston, Texas Banks for Small Business Getting a Business Loan in Texas If you are an ambitious entrepreneur or an aspiring executive looking to get involved with a startup, please take the time to learn more about Gaebler Ventures.
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