Chase Named SBA High Dollar Lender for Dallas/Fort Worth Region.DALLAS -- The Small Business Administration (SBA SBA abbr. Small Business Administration Noun 1. SBA - an independent agency of the United States government that protects the interests of small businesses and ensures that they receive a fair share of government ) has named Chase its high-dollar lender in the Dallas/Fort Worth region. Combined, Bank One and Chase obtained 242 loan authorizations totaling more than $25.5 million for the year ending July 31, 2004. Chase's parent company, JPMorgan Chase JPMorgan Chase (NYSE: JPM TYO: 8634 ) is one of the oldest financial services firms in the world. The company, headquartered in New York City, is one of the leaders in investment banking, financial services, asset and wealth management and private equity. With assets of $1. & Co., merged with Bank One Corp. July 1. Bank One will convert to the Chase brand sometime in 2005. "Chase is an invaluable resource for local business owners," said Van Alexander, district director for the SBA's Northeast Texas Northeast Texas is a region in the northeast corner of the U.S. state of Texas. It is geographically centered around two metropolitan areas strung along Interstate 20: Tyler in the west and Longview/Marshall to the east. office. "We are proud of our great working relationships with the entire team." Chase, a preferred SBA lender, has grown its business with qualifying borrowers by more than 100 percent since 2001. "The SBA programs are excellent resources for extending credit to more small business owners," said Larry Conley, manager of SBA lending at Chase and Bank One. "Our relationship with the SBA is an integral part of our Business Banking program, and we're proud of the recognition of our efforts across both companies." Once the Bank One branches are converted to the Chase brand sometime next year, customers will be able to access Chase at any of more than 160 branch locations in the Metroplex and more than 350 across Texas. JPMorgan Chase & Co. (NYSE NYSE See: New York Stock Exchange :JPM JPM J. P. Morgan Chase & Co. (stock symbol) JPM Juan Pablo Montoya (formula 1 driver) JPM Jabatan Perdana Menteri (Malaysia) JPM Journal of Property Management ) is a leading global financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. firm with assets of $1.1 trillion and operations in more than 50 countries. Information about the firm is available at www.jpmorganchase.com. |
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