Loans for Landscaping Services
Looking for loans for landscaping services? Try the SBA. This $89,500 landscaping services loan was issued by a California bank.
This small firm knew how to go about getting a business bank loan. Based in Coeur D'Alene, Idaho, they applied for and were awarded an SBA-guaranteed loan in 2002. The lending bank was Wells Fargo Bank, based in San Jose, California.
SBA Loan Borrower
COMPANY TYPE: LANDSCAPING SERVICES
COEUR D'ALENE, ID 83815
SBA Loan Lender
WELLS FARGO BANK
177 PARK AVE, STE 300, A-0514
SAN JOSE, CA 95113
This lender issued this particular commercial loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
561730 - Landscaping Services
Loan Approval Date
1/7/2002
Loan Approval Gross Amount
$89,500
Loan Approval from the SBA
Of the total $89,500 loan amount, the SBA guaranteed $76,075.
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 7 employees. The loan application did not indicate that the small business promised to use the money to hire new employees or retain any existing employees.
Next Steps for Getting an SBA Loan
For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.
Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $89,500 loan. It's not easy, but why not give getting an SBA loan of your own a try?
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
Best Banks for Small Business in San Jose, California
SBA Lenders in California