Loan Census Banking News and Information
December 20, 2024  
 
 
  Business Loan Information  
 

SBA Lender Cartersville Georgia

 

 
Loan Census SBA Loan Info

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:

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SBA Approved Banks in Cartersville, Georgia

SBA Participating Banks in Georgia