Getting an SBA Loan for Landscaping Services

Looking for business loans for landscaping services? Try the SBA. This $41,000 landscaping services loan was issued by an Alabama bank.

This small business received financial assistance through the SBA's lending programs back in 2001. They applied for an SBA loan with Renasant Bank, out of Decatur, Alabama. The loan was granted and they received $41,000 to help grow their Decatur, Alabama business.

SBA Loan Borrower

COMPANY TYPE: LAWN AND GARDEN SERVICES
DECATUR, AL 35601

SBA Loan Lender

RENASANT BANK
1309 STRATFORD RD SOUTHEAST
DECATUR, AL 35601

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.

SIC Code

0782 - Lawn and Garden Services

NAICS Code

561730 - Landscaping Services

Loan Approval Date

5/23/2001

Loan Approval Gross Amount

$41,000

Loan Approval from the SBA

Of the total $41,000 loan amount, the SBA guaranteed $34,850.

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 only one employee. The SBA loan documents did not indicate that the business planned to use the money to hire new employees or retain any existing employees.

Getting an SBA Loan For Your Business

SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.

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.

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Small Business Banks in Decatur, Alabama

SBA Alabama Banks