U.S. Bank National Association Provides SBA Loan to Buy K.I.S.S. Commercial Cleaning Service Franchise

Need a loan to purchase a K.I.S.S. Commercial Cleaning Service franchise? U.S. Bank National Association has a history of making these loans and they are guaranteed by the SBA.

If you live near Austin, Texas and are interested in buying a K.I.S.S. Commercial Cleaning Service franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2002 by U.S. Bank National Association. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase.

SBA Loan Borrower

KLEAN IMAGE SERVICE SPECIALIST
AUSTIN, TX 78729

SBA Loan Lender

U.S. BANK NATIONAL ASSOCIATION
425 WALNUT ST
CINCINNATI, OH 45202

This lender provides SBA loan for small businesses as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

561720 - Janitorial Services

Loan Approval Date

4/4/2002

Loan Approval Gross Amount

$661,500

Loan Approval from the SBA

Of the total $661,500 loan amount, the SBA guaranteed $496,125.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a K.I.S.S. Commercial Cleaning Service franchise. At the time of the loan, the company had 9 employees. This SBA loan request indicated that the loan would help retain 9 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA.

Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $661,500 loan. It's not easy, but why not give getting an SBA loan of your own a try?

About This SBA Loan Information:

All SBA loan data displayed above comes from the government's publicly available SBA loan database. Information on this page is provided by the Gaebler.com news organization to inform business owners, aspiring entrepreneurs and others about SBA loan activity. LoanCensus.com does not assist businesses with obtaining SBA loans and was not involved in any way with this transaction. For additional information, see our Loan Information FAQ.

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