Loan Census Banking News and Information
April 19, 2024  
 
 
  Business Loan Information  
 

Bradenton, Florida Bank Loan

 

 
Loan Census SBA Loan Info

Where to Get Capital for Janitorial Services

With these SBA loans for janitorial services, the SBA guarantees the lender that the loan will be repaid. This janitorial services loan for $18,500 was given to a Florida entrepreneur in 2001.

This small business knew how to go about getting a business bank loan. Based in Bradenton, Florida, they applied for and were awarded an SBA-guaranteed loan in 2001. The lending bank was M&i Marshall & Ilsley Bank, based in Bradenton, Florida.

SBA Loan Borrower

COMPANY TYPE: BUILDING CLEANING AND MAINTENANCE SERVICES, N.E.C
BRADENTON, FL 34207

SBA Loan Lender

M&I MARSHALL & ILSLEY BANK
4502 CORTEZ RD WEST
BRADENTON, FL 34210

This was a Low Documentation SBA loan. The SBA launched this program to minimize the paperwork associated with borrowing money. The low-doc program requires completion of only a one-page form for a loan of $50,000 or less. The limits have changed over time. Right now, the maximum small business loan for this SBA program is $100,000.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

7349 - Building Cleaning and Maintenance Services, N.E.C

NAICS Code

561720 - Janitorial Services

Loan Approval Date

12/11/2001

Loan Approval Gross Amount

$18,500

Loan Approval from the SBA

Of the total $18,500 loan amount, the SBA guaranteed $15,725.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 10 employees. The SBA loan documents did not indicate that the company planned to use the funding to add employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

Remember, you apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan.

This company got an SBA loan. You can too! Maybe you need seed money for business? Maybe you want money to buy a franchise? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.

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:

Small Business Credit Cards

SBA Approved Banks in Bradenton, Florida

SBA Lenders in Florida