Main Street Registry

AML Cleaning Service, Inc.

Maple Grove, MN · Janitorial Services · NAICS 561720

AML Cleaning Service, Inc. is a janitorial services business located in Maple Grove, Minnesota (NAICS 561720). It was financed with an SBA 7(a) loan for a change of ownership of $742,800, approved on September 8, 2026, by Frandsen Bank and Trust.

SBA 7(a) loan, change of ownership, approved Sep 8, 2026

$742,800 approvedLender: Frandsen Bank and Trust10 years termCommitted, not fully disbursedLoan details
Gross approval
$742,800
SBA-guaranteed amount
$557,100 (75% of the approval)
Lender
Frandsen Bank and Trust, Arden Hills, MN
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
9.5%, variable
Term
10 years (120 months)
Estimated maturity
September 8, 2036 (estimated, approval date plus term)
Estimated monthly payment
$9,612 Estimated payment at the initial rate over the full term; actual terms vary.
Loan status
Committed, not fully disbursed
Jobs supported
23
Business type
Corporation
NAICS
561720, Janitorial Services
Project location
Hennepin County, MN
SBA district office
Minnesota District Office
Congressional district
MN-03
Collateral
Yes
Guaranteed portion sold on secondary market
Not reported as sold
Revolving line of credit
No (term loan)
  • Larger than 39% of acquisition loans in Janitorial Services on this site.
  • Average acquisition loan in Janitorial Services: $1,070,529.
  • Average acquisition loan in Minnesota: $1,482,119.

Loan amounts are the SBA approval, not a purchase price. Figures labeled estimated are derived on this site and are not published by the SBA.

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Same industry in Minnesota