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Chase is Again the Nation’s #1 SBA Lender to Women- and Minority-Owned Businesses


New York, NY – WEBWIRE

For three years running, Chase has approved the most SBA loans to women- and minority-owned businesses in the United States, according to the U.S. Small Business Administration.

“Working closely with the SBA helps us be a leader in providing credit to women, minorities and veterans who are building great American businesses,” said Scott Geller, Chase Business Banking CEO. “Whether it’s for working capital, a new piece of equipment or the purchase of a building, these loans support an important and fast-growing part of the U.S. economy.”

In addition, during the SBA’s 2014 fiscal year Chase approved the most SBA loans in Illinois, Louisiana, and New York, and in the SBA’s Los Angeles and South Florida Districts. Chase was also the nation’s top SBA 504 third-party lender, approving more loans for more dollars than any other bank.

Overall, Chase ranked in the top three banks by number of approved SBA loans in:

Arizona
California
Colorado
Florida
Illinois
Indiana
Louisiana
Michigan
New Jersey
New York
Ohio
Oklahoma
Oregon
Texas
West Virgina

Further supporting the success of American business, Chase underwrites programs such as Mission Main Street Grants, Small Business Forward and Startup Week powered by Chase.

About Chase
Chase is the U.S. consumer and commercial banking business of JPMorgan Chase & Co. (NYSE: JPM), a leading global financial services firm with assets of $2.5 trillion and operations in more than 60 countries. Chase serves more than 50 million consumers and 4 million small businesses through more than 5,500 bank branches, 17,500 ATMs, credit cards, mortgage offices, and online and mobile banking as well as through relationships with auto dealerships. More information about Chase is available at www.chase.com, through Twitter @Chase and at www.facebook.com/chase.

JPMorgan Chase Bank, N.A., Member FDIC. Equal Opportunity Lender.



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