Capital One SBA Loan to Disinfecting And Pest Control Services Company

Looking to get a Louisiana small business loan? Here's one Louisiana business loan that was approved by the SBA.

This local small business knew how to go about getting a business bank loan. Based in Baton Rouge, Louisiana, they applied for and were given an SBA-guaranteed loan in 2000. The lending bank was Capital One, based in Baton Rouge, Louisiana.

SBA Loan Borrower

COMPANY TYPE: DISINFECTING AND PEST CONTROL SERVICES
BATON ROUGE, LA 70809

SBA Loan Lender

CAPITAL ONE
440 THIRD ST, RIVERSIDE MALL
BATON ROUGE, LA 70802

This was a Low Documentation SBA loan. The SBA started this program to minimize the paperwork associated with borrowing money. The low-doc program involves completion of only a one-page form for a loan of $50,000 or less. The limits have changed over time. Today, you can borrow up to $100,000 through the low-doc SBA program.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

7342 - Disinfecting and Pest Control Services

Loan Approval Date

2/8/2000

Loan Approval Gross Amount

$72,000

Loan Approval from the SBA

Of the total $72,000 loan amount, the SBA guaranteed $57,600.

More Information on This SBA Loan

The borrower borrowed this money for a new business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 7 employees. This SBA loan request did not indicate that the small business promised to use the funding to increase staffing levels or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

SBA loans provide money to small business owners for working capital for other expenses.

We can help you find the best banks for small businesses in Baton Rouge or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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.

Related Links:

Obtaining Funding - How to Borrow Money

SBA Approved Banks in Baton Rouge, Louisiana

Where to Get an SBA Loan Louisiana