Loan to Buy Servicemaster Franchise Issued By Amcore Bank

Borrowing money to purchase a Servicemaster franchise? Amcore Bank has a history of making these loans and they are guaranteed by the SBA.

Want to borrow money to buy a Servicemaster franchise? If so, here's a 2007 SBA franchise loan that you should know about. Amcore Bank was the lender and the entrepreneur was based in Fox River Grove, Illinois.

SBA Loan Borrower

JRK SERVICES INC.
Fox River Grove, IL 60021

SBA Loan Lender

AMCORE BANK
501 SEVENTH ST
ROCKFORD, IL 61104

This lender provides SBA guaranteed business loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

561720 - Janitorial Services

Loan Approval Date

3/27/2007

Loan Approval Gross Amount

$288,100

Loan Approval from the SBA

Of the total $288,100 loan amount, the SBA guaranteed $216,075.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Servicemaster franchise. At the time of the loan, the company had 6 employees. This SBA loan request indicated that the loan would help retain 5 existing jobs.

Start the Process for Getting an SBA Loan Today!

Many small businesses receive loans backed by the U.S. Small Business Administration.

This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.

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.

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