California Entrepreneur Secures Financing to Buy Molly Maid Franchise
Need a loan to purchase a Molly Maid franchise? 1st Centennial Bank has a history of making these loans and they are guaranteed by the SBA.
Molly Maid franchise loans are available to Pleasanton, California entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, 1st Centennial Bank, based in Redlands, California, issued an SBA franchise loan for a Molly Maid franchise in 2005. We've got all the details on this California small business loan.
SBA Loan Borrower
MOLLY MAID OF THE TRI VALLEY
PLEASANTON, CA 94566
SBA Loan Lender
1ST CENTENNIAL BANK
218 E STATE ST
REDLANDS, CA 92373
This lender provides SBA small business 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
9/14/2005
Loan Approval Gross Amount
$444,000
Loan Approval from the SBA
Of the total $444,000 loan amount, the SBA guaranteed $333,000.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was used to buy a Molly Maid franchise. At the time of the loan, the company
had 20 employees. This SBA loan request indicated that the loan would help retain 20 existing jobs.
Getting an SBA Loan For Your Business
If you are interested in getting money to start a business or need money to grow a business, an SBA loan can be a great funding source
Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like 1st Centennial Bank and they will explain how you can get an SBA loan for your company.
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:
Molly Maid
The Art of Bootstrapping
Banks in Redlands, California
California SBA Banks