Borrowing Money for Janitorial Services

With these small business loans for janitorial services, the SBA guarantees the lender that the loan will be repaid. This janitorial services loan for $176,203 was given to a North Carolina entrepreneur in 2001.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Mount Holly, North Carolina was able to borrow $176,203 from Branch Bank & Trust. The SBA made the loan possible by guaranteeing $132,152 of this North Carolina small business loan.

SBA Loan Borrower

COMPANY TYPE: JANITORIAL SERVICES
MOUNT HOLLY, NC 28120

SBA Loan Lender

BRANCH BANK & TRUST
200 W 2ND ST
WINSTON SALEM, NC 27101

The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide commercial loans to to our country's hard-working small business owners.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

561720 - Janitorial Services

Loan Approval Date

4/13/2001

Loan Approval Gross Amount

$176,203

Loan Approval from the SBA

Of the total $176,203 loan amount, the SBA guaranteed $132,152.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 2 employees. The SBA loan documents did not indicate that the SBA funding recipient planned to use the money to increase staffing levels or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

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

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 $176,203 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.

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