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November 15, 2024  
 
 
  Business Loan Information  
 

We Needed a Small Business Loan in Cokato, Minnesota and We Got One!

 

 
Loan Census SBA Loan Info

Borrowing Money for Janitorial Services

Looking for loans for janitorial services? An SBA loan may be just what you've been looking for. This $105,000 janitorial services loan was issued by a Minnesota bank.

This company received financial assistance through the SBA's lending programs back in 2003. They applied for an SBA loan with State Bank Of Cokato, out of Cokato, Minnesota. The loan was granted and they received $105,000 to help grow their Cokato, Minnesota business.

SBA Loan Borrower

COMPANY TYPE: JANITORIAL SERVICES
COKATO, MN 55321

SBA Loan Lender

STATE BANK OF COKATO
101 E 3RD ST
COKATO, MN 55321

This bank loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

561720 - Janitorial Services

Loan Approval Date

10/2/2003

Loan Approval Gross Amount

$105,000

Loan Approval from the SBA

Of the total $105,000 loan amount, the SBA guaranteed $52,500.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 13 employees. This SBA loan request indicated that the loan would help retain 13 existing jobs.

Start the Process for Getting an SBA Loan Today!

SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.

This company got an SBA loan. You can too! Maybe you need seed money for a small business? Maybe you want money to buy a franchise? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.

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:

Business Credit Evaluation

SBA 7A Banks in Cokato, Minnesota

Getting an SBA Loan in Minnesota