Borrow Money to Buy a Molly Maid Franchise

Need a loan to invest in a Molly Maid franchise? Bank Of North Georgia has a history of making these loans and they are guaranteed by the SBA.

An entrepreneur in Roswell, Georgia needed money to invest in a Molly Maid franchise back in 2005. Bank Of North Georgia issued an SBA franchise loan. Here are the details on this Georgia small business loan.

SBA Loan Borrower

MOLLY MAID OF NORTH FULTON & F
ROSWELL, GA 30075

SBA Loan Lender

BANK OF NORTH GEORGIA
12355 ARNOLD MILL RD
ALPHARETTA, GA 30004

This lender provides SBA 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

2/17/2005

Loan Approval Gross Amount

$275,000

Loan Approval from the SBA

Of the total $275,000 loan amount, the SBA guaranteed $206,250.

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 2 employees. This SBA loan request indicated that the loan would help generate 2 new jobs and retain 2 existing jobs.

Getting an SBA Loan For Your Business

SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.

Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $275,000 loan. Remember, where there is a will, there is a way!

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

Advice on Getting a Small Business Loan

SBA Participating Banks in Alpharetta, Georgia

SBA Lenders in Georgia