Mountain West Bank Provides SBA Loan to Buy Maid Brigade Franchise
Need money to buy a Maid Brigade franchise? Mountain West Bank has a history of making these loans and they are guaranteed by the SBA.
If you live near Boise (corporate Name Boise Ci, Idaho and are interested in buying a Maid Brigade franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2004 by Mountain West Bank. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase.
SBA Loan Borrower
SELWAY INDUSTRIAL SERVICES LLC
BOISE (CORPORATE NAME BOISE CI, ID 83714
SBA Loan Lender
MOUNTAIN WEST BANK
125 IRONWOOD DR
COEUR D'ALENE, ID 83814
This lender provides SBA guaranteed business loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
561720 - Janitorial Services
Loan Approval Date
3/5/2004
Loan Approval Gross Amount
$100,000
Loan Approval from the SBA
Of the total $100,000 loan amount, the SBA guaranteed $85,000.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was used to buy a Maid Brigade franchise. At the time of the loan, the company
had 41 employees. The SBA loan documents indicated that the loan would help generate 5 new jobs and retain 41 existing jobs.
Next Steps for Getting an SBA Loan
SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.
This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.
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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