Business Loan from Umb Bank Given to Janitorial Services Company
An SBA loan from Umb Bank typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, a Phoenix, Arizona business owner got a $100,000 loan.
This growing company knew how to go about getting a business bank loan. Based in Phoenix, Arizona, they applied for and received an SBA-guaranteed loan in 2007. The lending bank was Umb Bank, based in Kansas City, Missouri.
SBA Loan Borrower
COMPANY TYPE: JANITORIAL SERVICES
PHOENIX, AZ 85008
SBA Loan Lender
UMB BANK
1010 GRAND BLVD
KANSAS CITY, MO 64106
This lender processed this bank loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.
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
4/25/2007
Loan Approval Gross Amount
$100,000
Loan Approval from the SBA
Of the total $100,000 loan amount, the SBA guaranteed $50,000.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had 70 employees. The SBA loan application for the borrower indicated that the loan would help generate 30 new jobs and retain 70 existing jobs.
Next Steps for Getting an SBA Loan
SBA loans provide smart, affordable business financing for small businesses looking to expand.
This company got an SBA loan. You can too! Maybe you need seed money for a small business? Maybe you want money to buy a franchise? 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.
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