A Question about getting a small business loan from chase bank?

I trying to see, if I can get a small business loan for $300,000.00 for my business. My credit score are 604 right now. But I getting a Business Grants from Leadership Grants for $100,000.00 in two month and I have a business plan and also have Equipment and tools for Collateral around $5,000 -$6,000. So when I get... show more I trying to see, if I can get a small business loan for $300,000.00 for my business. My credit score are 604 right now. But I getting a Business Grants from Leadership Grants for $100,000.00 in two month and I have a business plan and also have Equipment and tools for Collateral around $5,000 -$6,000. So when I get my Grant money for $100,000.00, can I use this for Assets and business plan and Equipment and tools for Collateral to show chase bank for I can get a business loan?
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