California Entrepreneur Secures Financing to Buy Servicemaster Franchise

Need a loan to buy a Servicemaster franchise? County Bank has a history of making these loans and they are guaranteed by the SBA.

Servicemaster franchise loans are available to Merced, California entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, County Bank, based in Merced, California, issued an SBA franchise loan for a Servicemaster franchise in 2007. We've got all the details on this California small business loan.

SBA Loan Borrower

SERVICEMASTER OF MERCED
MERCED, CA 95348

SBA Loan Lender

COUNTY BANK
550 W MAIN ST
MERCED, CA 95340

This loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.

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

4/25/2007

Loan Approval Gross Amount

$50,000

Loan Approval from the SBA

Of the total $50,000 loan amount, the SBA guaranteed $25,000.

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 70 employees. The loan application indicated that the loan would help retain 70 existing jobs.

Start the Process for Getting an SBA Loan Today!

SBA loans provide money to small business owners for working capital for other expenses.

Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like County Bank that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).

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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