Entrepreneur Works With Houston, Texas Bank to Get an SBA Loan
Get SBA loans from a Houston, Texas bank that knows how to treat small business owners right! If Sloppy Dog, LLC 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 Sloppy Dog, LLC an Oklahoma company.
SBA Loan Borrower
Sloppy Dog, LLC
1825 S 139th E Ave
TULSA, OK 74108
SBA Loan Lender
JPMORGAN CHASE BANK
811 RUSK ST., 16TH FL
HOUSTON, TX 77002
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
812990 - All Other Personal Services
Loan Approval Date
8/7/2006
Loan Approval Gross Amount
$37,400
Loan Approval from the SBA
Of the total $37,400 loan amount, the SBA guaranteed $18,700.
More Information on This SBA Loan
The borrower, Sloppy Dog, LLC, borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had 2 employees. This SBA loan request indicated that the loan would help generate 2 new jobs and retain 2 existing jobs.
Start the Process for Getting an SBA Loan Today!
If you are raising money in Tulsa OK, you ought to talk with a local Tulsa SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Tulsa businesses.
SBA loan guarantees are not loans per se. The SBA simply guarantees the loan, but banks and other lending institutions grant you the loan and give you the money. So, just as Sloppy Dog, LLC walked into Jpmorgan Chase Bank and applied for an SBA loan, you have to do the same thing. The sooner you start, the faster you'll get the money!
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
SBA Participating Banks in Houston, Texas
Getting a Business Loan in Texas
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