Loan to Buy Jani-King janitor's Service Franchise Issued By Trustmark National Bank

Need a loan to buy a Jani-King janitor's Service franchise? Trustmark National Bank has a history of making these loans and they are guaranteed by the SBA.

Want to borrow money to buy a Jani-King janitor's Service franchise? If so, here's a 2000 SBA franchise loan that you should know about. Trustmark National Bank was the lender and the entrepreneur was based in Pearl, Mississippi.

SBA Loan Borrower

JANI KING
PEARL, MS 39208

SBA Loan Lender

TRUSTMARK NATIONAL BANK
248 E CAPITOL ST
JACKSON, MS 39201

This was a Low Documentation SBA loan. The SBA started this program to minimize the paperwork associated with appliying for an SBA loan . The low-doc program is quick, requiring completion of only a one-page form for a loan of $50,000 or less. The limits have changed over time. Currently, $100,000 is the maximum loan amount.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

7349 - Building Cleaning and Maintenance Services, N.E.C

Loan Approval Date

6/16/2000

Loan Approval Gross Amount

$34,000

Loan Approval from the SBA

Of the total $34,000 loan amount, the SBA guaranteed $27,200.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Jani-King janitor's Service franchise. At the time of the loan, the company had 4 employees. The loan application did not indicate that the company promised to use the loan proceeds to add employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA.

This SBA loan was for $34,000. How would you spend $34,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.

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:

Jani-King International, Inc.

Small Business Credit Cards

SBA Banks in Jackson, Mississippi

Getting a Business Loan in Mississippi