Loan to Buy Maid Brigade Franchise Issued By West Michigan Community Bank

Need money to invest in a Maid Brigade franchise? West Michigan Community Bank has a history of making these loans and they are guaranteed by the SBA.

Maid Brigade franchise loans are available to Grand Rapids, Michigan entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, West Michigan Community Bank, based in Hudsonville, Michigan, issued an SBA franchise loan for a Maid Brigade franchise in 2003. We've got all the details on this Michigan small business loan.

SBA Loan Borrower

MAID BRIGADE OF GRAND RAPIDS
GRAND RAPIDS, MI 49508

SBA Loan Lender

WEST MICHIGAN COMMUNITY BANK
3467 KELLY ST
HUDSONVILLE, MI 49426

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

9/4/2003

Loan Approval Gross Amount

$75,000

Loan Approval from the SBA

Of the total $75,000 loan amount, the SBA guaranteed $63,750.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Maid Brigade franchise. At the time of the loan, the company had 2 employees. This SBA loan request did not indicate that the business promised to use the funding to add employees or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

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:

Maid Brigade

Obtaining Funding - Getting Venture Capital

Good Banks for Small Business in Hudsonville, Michigan

Getting a Business Loan in Michigan