Raising Money for Janitorial Services

Looking for business loans for janitorial services? An SBA loan may be just what you've been looking for. This $90,000 janitorial services loan was issued by a Texas bank.

Getting a small business loan in Frisco, Texas was important for this business back in 2003 and, based on their loan application, they were successful in getting an SBA loan from American Bank Of Texas, operating out of Frisco, Texas. Here are the details on this Texas small business loan.

SBA Loan Borrower

COMPANY TYPE: JANITORIAL SERVICES
FRISCO, TX 75034

SBA Loan Lender

AMERICAN BANK OF TEXAS
6100 PRESTON RD
FRISCO, TX 75034

This lender issued this particular loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

561720 - Janitorial Services

Loan Approval Date

7/30/2003

Loan Approval Gross Amount

$90,000

Loan Approval from the SBA

Of the total $90,000 loan amount, the SBA guaranteed $76,500.

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 12 employees. The SBA loan application for the borrower did not indicate that the business promised to use the money to hire new employees or retain any existing employees.

Getting an SBA Loan For Your Business

Remember, you apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan.

This company got an SBA loan. You can too! Maybe you want money for start up 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:

The Friends and Family Network

Who Lends Money to Small Businesses in Frisco, Texas

SBA Lenders in Texas