Getting an SBA Loan for Landscaping Services

Looking for commercial loans for landscaping services? Talk to a banker who works with the SBA. This $10,500 landscaping services loan was issued by a Massachusetts bank.

This small business received financial assistance through the SBA's lending programs back in 2006. They applied for an SBA loan with Danversbank, out of Danvers, Massachusetts. The loan was granted and they received $10,500 to help grow their Beverly, Massachusetts business.

SBA Loan Borrower

COMPANY TYPE: LANDSCAPING SERVICES
BEVERLY, MA 01915

SBA Loan Lender

DANVERSBANK
1 CONANT ST
DANVERS, MA 01923

This lender processed this commercial 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

561730 - Landscaping Services

Loan Approval Date

4/12/2006

Loan Approval Gross Amount

$10,500

Loan Approval from the SBA

Of the total $10,500 loan amount, the SBA guaranteed $5,250.

More Information on This SBA Loan

The borrower borrowed this money for a new business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had only one employee. The SBA loan documents indicated that the loan would help retain 1 existing job.

Getting an SBA Loan For Your Business

SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.

We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.

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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