Warren, OH Entrepreneur Gets SBA Loan to Buy Aire Master Of Delmarva Franchise

Need a loan to invest in an Aire Master Of Delmarva franchise? Seven Seventeen Cu Inc has a history of making these loans and they are guaranteed by the SBA.

An entrepreneur in Warren, Ohio needed money to invest in an Aire Master Of Delmarva franchise back in 2004. Seven Seventeen Cu Inc issued an SBA franchise loan. Here are the details on this Ohio small business loan.

SBA Loan Borrower

ENVIRO-SOLUTIONS, LLC
WARREN, OH 44484

SBA Loan Lender

SEVEN SEVENTEEN CU INC
3181 LARCHMONT AVE NE
WARREN, OH 44483

This lender issued this particular SBA business loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

561720 - Janitorial Services

Loan Approval Date

7/15/2004

Loan Approval Gross Amount

$63,750

Loan Approval from the SBA

Of the total $63,750 loan amount, the SBA guaranteed $54,187.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy an Aire Master Of Delmarva franchise. At the time of the loan, the company had 3 employees. The SBA loan application for the borrower did not indicate that the small business promised to use the funding to add employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA.

This SBA loan was for $63,750. How would you spend $63,750 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.

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