Small Business Loans for Landscaping Services
With these small business loans for landscaping services, the SBA guarantees the lender that the loan will be repaid. This landscaping services loan for $2,500 was given to a Rhode Island entrepreneur in 2001.
Getting a small business loan in East Providence, Rhode Island was important for this company back in 2001 and, based on their loan application, they were successful in getting an SBA loan from Rbs Citizens, operating out of Norwood, Massachusetts. Here are the details on this Rhode Island small business loan.
SBA Loan Borrower
COMPANY TYPE: LANDSCAPING SERVICES
EAST PROVIDENCE, RI 02915
SBA Loan Lender
RBS CITIZENS
725 CANTON ST
NORWOOD, MA 02062
The lender provided this loan for a small business through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.
SBA Loan Program Type
This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.
NAICS Code
561730 - Landscaping Services
Loan Approval Date
9/27/2001
Loan Approval Gross Amount
$2,500
Loan Approval from the SBA
Of the total $2,500 loan amount, the SBA guaranteed $1,250.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had 2 employees. This SBA loan request indicated that the loan would help generate 1 new job and retain 2 existing jobs.
Getting an SBA Loan For Your Business
For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.
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 Rbs Citizens 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:
Understanding Dilution
Best Banks for Small Business in Norwood, Massachusetts
Where to Get an SBA Loan Massachusetts