Janitorial Services Business Loans

With these business loans for janitorial services, the SBA guarantees the lender that the loan will be repaid. This janitorial services loan for $66,500 was given to a Texas entrepreneur in 2002.

Getting a small business loan in Grapevine, Texas was important for this small business back in 2002 and, based on their loan application, they were successful in getting an SBA loan from Southwest Bank, operating out of Fort Worth, Texas. Here are the details on this Texas small business loan.

SBA Loan Borrower

COMPANY TYPE: JANITORIAL SERVICES
GRAPEVINE, TX 76051

SBA Loan Lender

SOUTHWEST BANK
3737 SW LOOP 820
FORT WORTH, TX 76133

The lender provided this loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.

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

12/26/2002

Loan Approval Gross Amount

$66,500

Loan Approval from the SBA

Of the total $66,500 loan amount, the SBA guaranteed $33,250.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 10 employees. This SBA loan request indicated that the loan would help generate 7 new jobs and retain 10 existing jobs.

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.

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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