Loan Census Banking News and Information
December 22, 2024  
 
 
  Business Loan Information  
 

Banks for Franchise Loans in Tennessee

 

 
Loan Census SBA Loan Info

Loan to Buy Fish Window Cleaning Franchise Issued By Business Lenders, LLC

Need money to purchase a Fish Window Cleaning franchise? Business Lenders, LLC has a history of making these loans and they are guaranteed by the SBA.

Want to borrow money to buy a Fish Window Cleaning franchise? If so, here's a 2004 SBA franchise loan that you should know about. Business Lenders, LLC was the lender and the entrepreneur was based in Memphis, Tennessee.

SBA Loan Borrower

FISH WINDOW CLEANING SERVICES
MEMPHIS, TN 38135

SBA Loan Lender

BUSINESS LENDERS, LLC
50 STATE HOUSE SQUARE 5TH FL
HARTFORD, CT 06103

This lender issued this particular SBA 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

561720 - Janitorial Services

Loan Approval Date

4/15/2004

Loan Approval Gross Amount

$105,000

Loan Approval from the SBA

Of the total $105,000 loan amount, the SBA guaranteed $89,250.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Fish Window Cleaning franchise. At the time of the loan, the company had 2 employees. The loan application did not indicate that the small business planned to use the loan proceeds to add employees or retain any existing employees.

Next Steps for Getting an SBA Loan

Many small businesses receive loans backed by the U.S. Small Business Administration.

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 $105,000 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:

Fish Window Cleaning Services, Inc.

Strategic Investors

SBA 7A Banks in Hartford, Connecticut

SBA Lenders in Connecticut