Landscape Architectural Services Bank Loans
With these bank loans for landscape architectural services, the SBA guarantees the lender that the loan will be repaid. This landscape architectural services loan for $250,000 was given to an Oregon entrepreneur in 2007.
This small firm knew how to go about getting a business bank loan. Based in Bend, Oregon, they applied for and were awarded an SBA-guaranteed loan in 2007. The lending bank was Wells Fargo Bank, based in Sioux Falls, South Dakota.
SBA Loan Borrower
COMPANY TYPE: LANDSCAPE ARCHITECTURAL SERVICES
BEND, OR 97702
SBA Loan Lender
WELLS FARGO BANK
101 N PHILIPS AVE
SIOUX FALLS, SD 57104
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
541320 - Landscape Architectural Services
Loan Approval Date
12/6/2007
Loan Approval Gross Amount
$250,000
Loan Approval from the SBA
Of the total $250,000 loan amount, the SBA guaranteed $125,000.
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 12 employees. The loan application indicated that the loan would help generate 6 new jobs and retain 6 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
Many small businesses receive loans backed by the U.S. Small Business Administration.
SBA loan guarantees are not loans per se. The SBA simply guarantees the loan, but banks and other lending institutions grant you the loan and give you the money. So, just as this company walked into Wells Fargo Bank and applied for an SBA loan, you have to do the same thing. You need to demonstrate business strength and potential, but the sooner you start, the faster you'll get the money if you qualify!
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:
Getting a Small Business Loan
Banks in Sioux Falls, South Dakota
South Dakota SBA 7A Lenders