Commercial Loans for Janitorial Services
With these commercial loans for janitorial services, the SBA guarantees the lender that the loan will be repaid. This janitorial services loan for $40,400 was given to a Wisconsin entrepreneur in 2007.
This business knew how to go about getting a business bank loan. Based in Milwaukee, Wisconsin, they applied for and were awarded an SBA-guaranteed loan in 2007. The lending bank was Jpmorgan Chase Bank, based in Houston, Texas.
SBA Loan Borrower
COMPANY TYPE: JANITORIAL SERVICES
MILWAUKEE, WI 53207
SBA Loan Lender
JPMORGAN CHASE BANK
811 RUSK ST., 16TH FL
HOUSTON, TX 77002
This small business 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
1/25/2007
Loan Approval Gross Amount
$40,400
Loan Approval from the SBA
Of the total $40,400 loan amount, the SBA guaranteed $20,200.
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 7 employees. The loan application indicated that the loan would help generate 7 new jobs and retain 7 existing jobs.
Start the Process for Getting an SBA Loan Today!
SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.
We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.
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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