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November 21, 2024 |
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| Home > Small Business Lenders by State > Utah Business Loan Sources > Provo, Business Loans > Central Bank Provo Business Loans > Janitorial Services Loan | ||||
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SBA Lender Orem Utah
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Financing for Janitorial ServicesLooking for commercial loans for janitorial services? Try the SBA. This $350,000 janitorial services loan was issued by an Utah bank. This small business knew how to go about getting a business bank loan. Based in Orem, Utah, they applied for and were awarded an SBA-guaranteed loan in 2007. The lending bank was Central Bank, based in Provo, Utah. SBA Loan Borrower COMPANY TYPE: JANITORIAL SERVICES SBA Loan Lender CENTRAL BANK This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000. 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 8/30/2007 Loan Approval Gross Amount $350,000 Loan Approval from the SBA Of the total $350,000 loan amount, the SBA guaranteed $175,000. 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 26 employees. The SBA loan documents indicated that the loan would help generate 12 new jobs and retain 38 existing jobs. Next Steps for Getting an SBA Loan If you want money for new small business in Orem UT, you ought to talk with a local Orem SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Orem businesses. Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $350,000 loan. Remember, anyone can do it... so why not you? 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: SBA Approved Banks in Provo, Utah
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