Warner Robins, GA Entrepreneur Gets SBA Loan to Buy Servpro Franchise
Borrowing money to invest in a Servpro franchise? Security Bank - Houston Cnty has a history of making these loans and they are guaranteed by the SBA.
Getting money to buy a Servpro franchise may simply require a phone call to a local SBA banker. In 2004, Security Bank - Houston Cnty issued an SBA franchise loan to an entrepreneur in Warner Robins, Georgia. Because Servpro was registered with the SBA's registry of franchises, this Georgia small business loan was issued on an expedited basis.
SBA Loan Borrower
SERVPRO OF CENTRAL GEORGIA, A
WARNER ROBINS, GA 31088
SBA Loan Lender
SECURITY BANK - HOUSTON CNTY
302 RICHARD RUSSELL PKWY
WARNER ROBINS, GA 31088
This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
561720 - Janitorial Services
Loan Approval Date
3/23/2004
Loan Approval Gross Amount
$78,300
Loan Approval from the SBA
Of the total $78,300 loan amount, the SBA guaranteed $66,555.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was used to buy a Servpro franchise. At the time of the loan, the company
had 5 employees. This SBA loan request did not indicate that the business planned to use the money to increase staffing levels or retain any existing employees.
Next Steps for Getting an SBA Loan
If you are working on finding money to start a business in Warner Robins GA, you ought to talk with a local Warner Robins SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Warner Robins businesses.
Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $78,300 loan. It's not easy, but why not give getting an SBA loan of your own a try?
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:
ServPro
Banking Deregulation's Effects on Entrepreneurship
SBA 7A Lenders in Warner Robins, Georgia
SBA Lenders in Georgia