Janitorial Services Commercial Loans
Looking for commercial loans for janitorial services? Try the SBA. This $145,000 janitorial services loan was issued by an Alabama bank.
Getting a small business loan in Steele, Alabama was important for this business back in 2001 and, based on their loan application, they were successful in getting an SBA loan from Union State Bank, operating out of Ashville, Alabama. Here are the details on this Alabama small business loan.
SBA Loan Borrower
COMPANY TYPE: BUILDING CLEANING AND MAINTENANCE SERVICES, N.E.C
STEELE, AL 35987
SBA Loan Lender
UNION STATE BANK
E COURT ST
ASHVILLE, AL 35953
This lender issued this particular debt financing 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.
7349 - Building Cleaning and Maintenance Services, N.E.C
561720 - Janitorial Services
Loan Approval Date
Loan Approval Gross Amount
Loan Approval from the SBA
Of the total $145,000 loan amount, the SBA guaranteed $123,250.
More Information on This SBA Loan
The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had 4 employees. The SBA loan documents did not indicate that the business planned to use the funding to hire new employees or retain any existing employees.
Great, But How Can I Get an SBA Loan for My Business?
SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.
Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Union State Bank and they will explain how you can get an SBA loan for your company.
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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