According to InsideIndianaBusiness.com, Greater Fort Wayne Chamber of Commerce member JPMorgan Chase recently announced they have made approximately $926 million in loans and lines of credit to an estimate of 865 small and medium sized Indiana businesses during the second quarter of 2009. Chase was the largest auto lender in the country for the first half of 2009. JPMorgan Chase's lending record in Indiana is reflective of their lending nationwide in which they provided nearly $150 billion in new credit.
Chase is committed to lending in order to keep the American economy growing. During the second quarter of this year, they provided an estimate of $5.3 billion in auto loans and leases. According to the U.S. Census Bureau's most recent data, nearly 95% of Indiana businesses have fewer than 100 employees. In total, these companies employ about 900,000 people and pay out $26.5 billion in salaries.
JPMorgan Chase has a total of 190 branches in the state of Indiana. For more information on JPMorgan Chase & Co., visit www.jpmorganchase.com.
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