Loan Census Banking News and Information
December 22, 2024  
 
 
  Business Loan Information  
 

Raising Money in Cypress, Texas With SBA Loans

 

 
Loan Census SBA Loan Info

Landscape Architectural Services Business Loans

Looking for business loans for landscape architectural services? The SBA may be the answer. This $273,500 landscape architectural services loan was issued by a California bank.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Cypress, Texas was able to borrow $273,500 from Wells Fargo Bank. The SBA made the loan possible by guaranteeing $205,125 of this Texas small business loan.

SBA Loan Borrower

COMPANY TYPE: LANDSCAPE ARCHITECTURAL SERVICES
CYPRESS, TX 77429

SBA Loan Lender

WELLS FARGO BANK
121 PARK CENTER PLZ
SAN JOSE, CA 95113

Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

541320 - Landscape Architectural Services

Loan Approval Date

10/20/2004

Loan Approval Gross Amount

$273,500

Loan Approval from the SBA

Of the total $273,500 loan amount, the SBA guaranteed $205,125.

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 21 employees. The loan application indicated that the loan would help generate 1 new job and retain 21 existing jobs.

Start the Process for Getting an SBA Loan Today!

SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.

Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

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:

Getting a Small Business Loan

Best Banks for Small Business in San Jose, California

Getting an SBA Loan in California