Loan to Buy Molly Maid Franchise Issued By Marine Bank, Springfield

Need money to buy a Molly Maid franchise? Marine Bank, Springfield has a history of making these loans and they are guaranteed by the SBA.

Molly Maid franchise loans are available to Springfield, Illinois entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Marine Bank, Springfield, based in Springfield, Illinois, issued an SBA franchise loan for a Molly Maid franchise in 2006. We've got all the details on this Illinois small business loan.

SBA Loan Borrower

MOLLY MAID
SPRINGFIELD, IL 62704

SBA Loan Lender

MARINE BANK, SPRINGFIELD
3050 W WABASH AVE
SPRINGFIELD, IL 62704

This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

561720 - Janitorial Services

Loan Approval Date

3/16/2006

Loan Approval Gross Amount

$160,000

Loan Approval from the SBA

Of the total $160,000 loan amount, the SBA guaranteed $136,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Molly Maid franchise. At the time of the loan, the company had only one employee. The loan application indicated that the loan would help generate 10 new jobs and retain 1 existing job.

Next Steps for Getting an SBA Loan

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

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 Marine Bank, Springfield 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

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SBA Participating Banks in Springfield, Illinois

Illinois SBA 7A Lenders