Chester, VA Entrepreneur Gets SBA Loan to Buy Maid Brigade Franchise

Need money to buy a Maid Brigade franchise? Wachovia Bank has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy a Maid Brigade franchise shouldn't be too tough. In 2002, Wachovia Bank issued an SBA franchise loan to an entrepreneur in Chester, Virginia. Because Maid Brigade was registered with the SBA's registry of franchises, this Virginia small business loan was issued on an expedited basis.

SBA Loan Borrower

MAID BIRGADE
CHESTER, VA 23831

SBA Loan Lender

WACHOVIA BANK
100 N MAIN ST
WINSTON SALEM, NC 27101

This lender processed this business 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

6/6/2002

Loan Approval Gross Amount

$27,100

Loan Approval from the SBA

Of the total $27,100 loan amount, the SBA guaranteed $13,550.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Maid Brigade franchise. At the time of the loan, the company had only one employee. The loan application indicated that the loan would help generate 4 new jobs and retain 5 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

If you are working on finding money to start a business in Chester VA, you ought to talk with a local Chester SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Chester businesses.

This SBA loan was for $27,100. How would you spend $27,100 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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