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November 14, 2024  
 
 
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Raising Money in Wichita, Kansas With SBA Loans

 

 
Loan Census SBA Loan Info

Janitorial Services Bank Loans

Looking for bank loans for janitorial services? Try the SBA. This $100,000 janitorial services loan was issued by an Oklahoma bank.

This small firm received financial assistance through the SBA's lending programs back in 2007. They applied for an SBA loan with Rcb Bank, out of Ponca City, Oklahoma. The loan was granted and they received $100,000 to help grow their Wichita, Kansas business.

SBA Loan Borrower

COMPANY TYPE: JANITORIAL SERVICES
WICHITA, KS 67202

SBA Loan Lender

RCB BANK
1223 E HIGHLAND
PONCA CITY, OK 74601

This lender processed this bank loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.

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

2/16/2007

Loan Approval Gross Amount

$100,000

Loan Approval from the SBA

Of the total $100,000 loan amount, the SBA guaranteed $50,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 146 employees. The SBA loan documents indicated that the loan would help retain 146 existing jobs.

Next Steps for Getting an SBA Loan

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.

Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Rcb Bank that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).

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:

How Equity Dilution Works

Find an SBA Lender in Ponca City, Oklahoma

Oklahoma SBA Bank Lenders