Financing for Janitorial Services
With these loans for janitorial services, the SBA guarantees the lender that the loan will be repaid. This janitorial services loan for $25,000 was given to a New York entrepreneur in 2006.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Tonawanda, New York was able to borrow $25,000 from Manufacturers & Traders Trust. The SBA made the loan possible by guaranteeing $12,500 of this New York small business loan.
SBA Loan Borrower
COMPANY TYPE: JANITORIAL SERVICES
TONAWANDA, NY 14150
SBA Loan Lender
MANUFACTURERS & TRADERS TRUST
ONE M & T PLAZA
BUFFALO, NY 14203
This loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.
SBA Loan Program Type
This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.
NAICS Code
561720 - Janitorial Services
Loan Approval Date
5/8/2006
Loan Approval Gross Amount
$25,000
Loan Approval from the SBA
Of the total $25,000 loan amount, the SBA guaranteed $12,500.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company
had 15 employees. This SBA loan request indicated that the loan would help retain 15 existing jobs.
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.
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 Manufacturers & Traders Trust 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.
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New York SBA Bank Lenders