Entrepreneur Works With Houston, Texas Bank to Get an SBA Loan
Thinking about meeting with a Houston, Texas bank about a business loan? Here's one Oklahoma business loan, issued by a Houston bank, that was approved by the SBA.
Applying for an SBA loan with Jpmorgan Chase Bank worked out well for our friends at Pbm Fabrication & Assembly LLC in Tulsa, Oklahoma. They received an SBA loan for $100,000. Sweet!
SBA Loan Borrower
PBM Fabrication & Assembly LLC
4118 S 70th E Avenue
TULSA, OK 74145
SBA Loan Lender
JPMORGAN CHASE BANK
811 RUSK ST., 16TH FL
HOUSTON, TX 77002
This commercial loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.
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
488991 - Packing and Crating
Loan Approval Date
5/1/2006
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, Pbm Fabrication & Assembly LLC, borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company
had 40 employees. This SBA loan request indicated that the loan would help generate 10 new jobs and retain 40 existing jobs.
Start the Process for Getting an SBA Loan Today!
Don't forget. To get an SBA loan, you must apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan.
We've showcased information on this loan to Pbm Fabrication & Assembly LLC to let you know that businesses like yours can get an SBA loan.
About This SBA Loan Information:
All SBA loan data displayed above comes from the government's SBA loan database.
Related Links:
Getting a Small Business Loan
Banks in Houston, Texas
Where to Get an SBA Loan Texas
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