Getting an SBA Loan for Landscaping Services
Looking for commercial loans for landscaping services? Try the SBA. This $75,000 landscaping services loan was issued by a Georgia bank.
This business knew how to go about getting a business bank loan. Based in Cartersville, Georgia, they applied for and were awarded an SBA-guaranteed loan in 2005. The lending bank was Century Bank Of Georgia, based in Cartersville, Georgia.
SBA Loan Borrower
COMPANY TYPE: LANDSCAPING SERVICES
CARTERSVILLE, GA 30120
SBA Loan Lender
CENTURY BANK OF GEORGIA
215 E MAIN ST
CARTERSVILLE, GA 30120
This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
561730 - Landscaping Services
Loan Approval Date
6/9/2005
Loan Approval Gross Amount
$75,000
Loan Approval from the SBA
Of the total $75,000 loan amount, the SBA guaranteed $63,750.
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 2 employees. The SBA loan documents did not indicate that the small business planned to use the money to hire new employees or retain any existing employees.
Great, But How Can I Get an SBA Loan for My Business?
The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.
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 Century Bank Of Georgia 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 Equity Dilution Works
SBA Approved Banks in Cartersville, Georgia
SBA Participating Banks in Georgia