Janitorial Services Small Business Loans
Looking for small business loans for janitorial services? The SBA may be the answer. This $75,000 janitorial services loan was issued by a Georgia bank.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Huntsville, Alabama was able to borrow $75,000 from Regions Bank. The SBA made the loan possible by guaranteeing $37,500 of this Alabama small business loan.
SBA Loan Borrower
COMPANY TYPE: JANITORIAL SERVICES
Huntsville, AL 35816
SBA Loan Lender
REGIONS BANK
6637 ROSWELL RD
ATLANTA, GA 30328
This lender processed this commercial loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.
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
10/5/2004
Loan Approval Gross Amount
$75,000
Loan Approval from the SBA
Of the total $75,000 loan amount, the SBA guaranteed $37,500.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company
had 69 employees. The SBA loan documents did not indicate that the small business promised to use the funding to hire new employees or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
Don't forget. To get an SBA loan, you must apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan.
We can help you find the best banks for small businesses in Huntsville or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.
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:
VC Firms on Twitter
SBA Approved Banks in Atlanta, Georgia
Georgia SBA Bank Lenders