Loan Census Banking News and Information
November 15, 2024  
 
 
  Business Loan Information  
 

Rogers, Arkansas Bank Loan

 

 
Loan Census SBA Loan Info

Janitorial Services Bank Loans

Looking for bank loans for janitorial services? Try the SBA. This $150,000 janitorial services loan was issued by an Arkansas bank.

This small firm received financial assistance through the SBA's lending programs back in 2001. They applied for an SBA loan with Bank Of Rogers, out of Rogers, Arkansas. The loan was granted and they received $150,000 to help grow their Rogers, Arkansas business.

SBA Loan Borrower

COMPANY TYPE: JANITORIAL SERVICES
ROGERS, AR 72757

SBA Loan Lender

BANK OF ROGERS
801 NORTH DIXIELAND
ROGERS, AR 72756

This loan was provided via the SBA's LowDoc (Low Documentation) program. For these loans, the SBA can guarantee up to 80 percent of the loan amount. More importantly, completed applications are processed quickly by the SBA, usually within two or three days, and the required documentation to get a loan is minimal.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

561720 - Janitorial Services

Loan Approval Date

5/15/2001

Loan Approval Gross Amount

$150,000

Loan Approval from the SBA

Of the total $150,000 loan amount, the SBA guaranteed $127,500.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 80 employees. The loan application did not indicate that the SBA funding recipient promised to use the money to increase staffing levels or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.

This SBA loan was for $150,000. How would you spend $150,000 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:

The Friends and Family Network

SBA Approved Banks in Rogers, Arkansas

Arkansas SBA 7A Lenders