JP Morgan Chase Bank is our #4 ranked SBA lender. JP Morgan did small business SBA lending in 31 states last year. The majority of loan activity was in the most populous states (California, Texas, Florida, New York, and Illinois). Surprisingly JP Morgan did not do a single 7(a) loan in Tennessee or North Carolina.

Number of  SBA small business loans provided by this bank last year:

 

Interest rates charged by JP Morgan Chase Bank the past two years for SBA loans over $50,000 with terms of seven years or greater:

 

Some of the top industries that this bank specializes in:

IndustryAvg Loan $Avg Int
Restaurants$309,0026.8%
Trucking$59,4347.7%
Doctors$248,9267.1%
Dental Practice$356,5746.3%
Remoldelers$109,6297.8%
Beauty Salons$114,5537.5%
Fitness Center$271,6226.6%
Law Firms$189,8877.3%
Landscaping$127,2107.2%
Plumbing & HVAC$238,1177.3%
Day Care$406,3376.5%

5

8.08%

2.83%

11.50%

1,853

$408,436,900

$220,419

$5,000

$4,929,000

10

300

Posted in National SBA Lenders, Ohio and Top SBA Lenders

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