Janitorial Services SBA Loans
With these SBA loans for janitorial services, the SBA guarantees the lender that the loan will be repaid. This janitorial services loan for $412,000 was given to an Arizona entrepreneur in 2000.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Phoenix, Arizona was able to borrow $412,000 from Ge Cap. Small Business Finan Corp. The SBA made the loan possible by guaranteeing $309,000 of this Arizona small business loan.
SBA Loan Borrower
COMPANY TYPE: JANITORIAL SERVICES
PHOENIX, AZ 85051
SBA Loan Lender
GE CAP. SMALL BUSINESS FINAN CORP
635 MARYVILLE CENTRE DR, STE
ST. LOUIS, MO 63141
This lender provides SBA loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
561720 - Janitorial Services
Loan Approval Date
11/28/2000
Loan Approval Gross Amount
$412,000
Loan Approval from the SBA
Of the total $412,000 loan amount, the SBA guaranteed $309,000.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company
had 45 employees. The loan application indicated that the loan would help retain 45 existing jobs.
Start the Process for Getting an SBA Loan Today!
SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory.
SBA loan guarantees are not loans per se. The SBA simply guarantees the loan, but banks and other lending institutions grant you the loan and give you the money. So, just as this company walked into Ge Cap. Small Business Finan Corp and applied for an SBA loan, you have to do the same thing. You need to demonstrate business strength and potential, but the sooner you start, the faster you'll get the money if you qualify!
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:
Bank Credit Lines
SBA 7A Banks in St. Louis, Missouri
SBA Missouri Lenders