Borrow Money to Buy a Servicemaster Franchise

Borrowing money to buy a Servicemaster franchise? U.S. Bank National Association has a history of making these loans and they are guaranteed by the SBA.

Servicemaster franchise loans are available to Great Falls, Montana entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, U.S. Bank National Association, based in Cincinnati, Ohio, issued an SBA franchise loan for a Servicemaster franchise in 2005. We've got all the details on this Montana small business loan.

SBA Loan Borrower

SERVICE MASTER
GREAT FALLS, MT 59406

SBA Loan Lender

U.S. BANK NATIONAL ASSOCIATION
425 WALNUT ST
CINCINNATI, OH 45202

This lender issued this particular SBA small business 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

561740 - Carpet and Upholstery Cleaning Services

Loan Approval Date

2/16/2005

Loan Approval Gross Amount

$115,000

Loan Approval from the SBA

Of the total $115,000 loan amount, the SBA guaranteed $97,750.

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 30 employees. The SBA loan application for the borrower did not indicate that the business planned to use the loan proceeds to hire new employees or retain any existing employees.

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

If you need money to start a business or need money to grow a business, an SBA loan can be a great funding source

Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $115,000 loan. Remember, fight for what you want, and it will be yours!

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:

ServiceMaster Clean

Business Cash Advances

SBA Banks in Cincinnati, Ohio

Where to Get an SBA Loan Ohio