Janitorial Services SBA Loans

Looking for SBA loans for janitorial services? Try the SBA. This $594,000 janitorial services loan was issued by a California bank.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Van Nuys, California was able to borrow $594,000 from Orange County Business Bank. The SBA made the loan possible by guaranteeing $297,000 of this California small business loan.

SBA Loan Borrower

COMPANY TYPE: JANITORIAL SERVICES
VAN NUYS, CA 91406

SBA Loan Lender

ORANGE COUNTY BUSINESS BANK
4675 MACARTHUR CT, STE 200
NEWPORT BEACH, CA 92660

This lender processed this 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

8/17/2004

Loan Approval Gross Amount

$594,000

Loan Approval from the SBA

Of the total $594,000 loan amount, the SBA guaranteed $297,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 300 employees. This SBA loan request indicated that the loan would help retain 300 existing jobs.

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

SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory.

Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

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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