Oklahoma Entrepreneur Secures Financing to Buy Cleaning Authority the Franchise

Need a loan to purchase a Cleaning Authority the franchise? Rcb Bank has a history of making these loans and they are guaranteed by the SBA.

Cleaning Authority the franchise loans are available to Owasso, Oklahoma entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Rcb Bank, based in Owasso, Oklahoma, issued an SBA franchise loan for a Cleaning Authority the franchise in 2003. We've got all the details on this Oklahoma small business loan.

SBA Loan Borrower

THE CLEANING AUTHORITY
OWASSO, OK 74055

SBA Loan Lender

RCB BANK
12200 E 96TH ST NORTH
OWASSO, OK 74055

This was a Low Documentation SBA loan. The SBA started this program to minimize the paperwork associated with borrowing money. The low-doc program involves completion of only a one-page form for a loan of $50,000 or less. The limits have changed over time. Today, you can borrow up to $100,000 through the low-doc SBA program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

561720 - Janitorial Services

Loan Approval Date

1/29/2003

Loan Approval Gross Amount

$90,000

Loan Approval from the SBA

Of the total $90,000 loan amount, the SBA guaranteed $76,500.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Cleaning Authority the franchise. At the time of the loan, the company had 8 employees. This SBA loan request did not indicate that the small business promised to use the money to add employees or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.

This company got an SBA loan. You can too! Maybe you need seed money for a small business? Maybe you need money to buy a business? Regardless of why you need money, guaranteed SBA loans may be the right answer for 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:

Strategic Investors

SBA Banks in Owasso, Oklahoma

Getting an SBA Loan in Oklahoma