Janitorial Services Bank Loans

Looking for bank loans for janitorial services? The SBA may be the answer. This $13,900 janitorial services loan was issued by an Arkansas bank.

This company received financial assistance through the SBA's lending programs back in 2001. They applied for an SBA loan with Arvest Bank, out of Rogers, Arkansas. The loan was granted and they received $13,900 to help grow their Garfield, Arkansas business.

SBA Loan Borrower

COMPANY TYPE: JANITORIAL SERVICES
GARFIELD, AR 72732

SBA Loan Lender

ARVEST BANK
5201 VILLAGE PKWY
ROGERS, AR 72758

This was a Low Documentation SBA loan. The SBA launched this program to reduce the paperwork associated with borrowing money. The low-doc program requires 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

6/28/2001

Loan Approval Gross Amount

$13,900

Loan Approval from the SBA

Of the total $13,900 loan amount, the SBA guaranteed $11,815.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had only one employee. The SBA loan documents did not indicate that the business planned to use the loan proceeds to hire new employees or retain any existing employees.

Next Steps for Getting an SBA Loan

The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.

Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $13,900 loan. It's not easy, but why not give getting an SBA loan of your own a try?

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:

Realistic Debt Financing Options

Where to Get an SBA Loan in Rogers, Arkansas

Getting an SBA Loan in Arkansas