Janitorial Services Small Business Loans

With these small business loans for janitorial services, the SBA guarantees the lender that the loan will be repaid. This janitorial services loan for $15,500 was given to a Washington entrepreneur in 2001.

This small firm received financial assistance through the SBA's lending programs back in 2001. They applied for an SBA loan with Bank Of The Pacific, out of Bellingham, Washington. The loan was granted and they received $15,500 to help grow their Bellingham, Washington business.

SBA Loan Borrower

COMPANY TYPE: JANITORIAL SERVICES
BELLINGHAM, WA 98226

SBA Loan Lender

BANK OF THE PACIFIC
100 GRAND AVE
BELLINGHAM, WA 98225

This loan was provided via the SBA's LowDoc (Low Documentation) program. For these loans, the SBA can guarantee up to 80 percent of the loan amount. More importantly, completed applications are processed quickly by the SBA, usually within two or three days, and the required documentation to get a loan is minimal.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

561720 - Janitorial Services

Loan Approval Date

10/26/2001

Loan Approval Gross Amount

$15,500

Loan Approval from the SBA

Of the total $15,500 loan amount, the SBA guaranteed $13,175.

More Information on This SBA Loan

The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 5 employees. The loan application did not indicate that the company promised to use the loan proceeds to hire new employees or retain any existing employees.

Getting an SBA Loan For Your Business

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

Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $15,500 loan. Remember, you control your own destiny.

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:

Borrowing Money from Friends and Family

SBA Approved Banks in Bellingham, Washington

Getting an SBA Loan in Washington