Financing for Landscaping Services

Looking for commercial loans for landscaping services? The SBA may be the answer. This $580,000 landscaping services loan was issued by a Massachusetts bank.

This small business received financial assistance through the SBA's lending programs back in 2007. They applied for an SBA loan with Benjamin Franklin Bank, out of Franklin, Massachusetts. The loan was granted and they received $580,000 to help grow their East Freetown, Massachusetts business.

SBA Loan Borrower

COMPANY TYPE: LANDSCAPING SERVICES
EAST FREETOWN, MA 02717

SBA Loan Lender

BENJAMIN FRANKLIN BANK
58 MAIN ST
FRANKLIN, MA 02038

As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

561730 - Landscaping Services

Loan Approval Date

7/6/2007

Loan Approval Gross Amount

$580,000

Loan Approval from the SBA

Of the total $580,000 loan amount, the SBA guaranteed $435,000.

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

Great, But How Can I Get an SBA Loan for My Business?

If you need money to start business in East Freetown MA, you ought to talk with a local East Freetown SBA lender or talk with an out-of-area SBA lender that has previously loaned money to East Freetown businesses.

We can help you find the best banks for small businesses in East Freetown or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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:

Realistic Debt Financing Options

Small Business Banks in Franklin, Massachusetts

Massachusetts SBA 7A Banks