Commercial Loans for Landscaping Services

With these commercial loans for landscaping services, the SBA guarantees the lender that the loan will be repaid. This landscaping services loan for $37,200 was given to a Pennsylvania entrepreneur in 2004.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Boalsburg, Pennsylvania was able to borrow $37,200 from First Commonwealth Bank. The SBA made the loan possible by guaranteeing $18,600 of this Pennsylvania small business loan.

SBA Loan Borrower

COMPANY TYPE: LANDSCAPING SERVICES
BOALSBURG, PA 16827

SBA Loan Lender

FIRST COMMONWEALTH BANK
RTE 220 & N JUNIATA ST
HOLLIDAYSBURG, PA 16648

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

561730 - Landscaping Services

Loan Approval Date

3/22/2004

Loan Approval Gross Amount

$37,200

Loan Approval from the SBA

Of the total $37,200 loan amount, the SBA guaranteed $18,600.

More Information on This SBA Loan

The borrower borrowed this money for an existing 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 2 employees. The SBA loan documents indicated that the loan would help retain 2 existing jobs.

Next Steps for Getting an SBA Loan

If you are wondering how to raise money for a business in Boalsburg PA, you ought to talk with a local Boalsburg SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Boalsburg businesses.

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 First Commonwealth 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.

Related Links:

How to Raise Money

SBA Banks in Hollidaysburg, Pennsylvania

Getting an SBA Loan in Pennsylvania