Bellevue, WA Entrepreneur Gets SBA Loan to Buy Cleaning Authority the Franchise
Borrowing money to purchase a Cleaning Authority the franchise? Banner Bank has a history of making these loans and they are guaranteed by the SBA.
Cleaning Authority the franchise loans are available to Bellevue, Washington entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Banner Bank, based in Kirkland, Washington, issued an SBA franchise loan for a Cleaning Authority the franchise in 2002. We've got all the details on this Washington small business loan.
SBA Loan Borrower
THE CLEANING AUTHORITY
BELLEVUE, WA 98006
SBA Loan Lender
BANNER BANK
202 KIRKLAND AVE
KIRKLAND, WA 98033
This was a Low Documentation SBA loan. The SBA started this program to minimize the paperwork associated with borrowing money. The low-doc program is quick, requiring 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.
NAICS Code
561720 - Janitorial Services
Loan Approval Date
9/25/2002
Loan Approval Gross Amount
$64,000
Loan Approval from the SBA
Of the total $64,000 loan amount, the SBA guaranteed $54,400.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was used to buy a Cleaning Authority the franchise. At the time of the loan, the company
had 3 employees. The SBA loan application for the borrower did not indicate that the company promised to use the money to add employees or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
If you are wondering how to find money to start a business or already have a business and need money to expand, an SBA loan can be a great way to raise money
We can help you find the best banks for small businesses in Bellevue 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:
Understanding Dilution
Best Banks for Small Business in Kirkland, Washington
SBA Participating Banks in Washington