Landscaping Services Small Business Loans

Looking for small business loans for landscaping services? Try the SBA. This $1,070,000 landscaping services loan was issued by a New Jersey bank.

This company knew how to go about getting a business bank loan. Based in Carrollton, Texas, they applied for and were awarded an SBA-guaranteed loan in 2007. The lending bank was Cit Small Business Lending Corp, based in Livingston, New Jersey.

SBA Loan Borrower

COMPANY TYPE: LANDSCAPING SERVICES
CARROLLTON, TX 75010

SBA Loan Lender

CIT SMALL BUSINESS LENDING CORP
1 CIT DRIVE
LIVINGSTON, NJ 07039

This lender provides SBA business loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

561730 - Landscaping Services

Loan Approval Date

4/27/2007

Loan Approval Gross Amount

$1,070,000

Loan Approval from the SBA

Of the total $1,070,000 loan amount, the SBA guaranteed $802,500.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 70 employees. This SBA loan request indicated that the borrowed money would help generate 70 new jobs.

Getting an SBA Loan For Your Business

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

While you may be able to borrow money from friends and family, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications 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.

Related Links:

Microlending as a Small Business Funding Source

Best Banks in Livingston, New Jersey

Getting an SBA Loan in New Jersey