Loans for Landscaping Services
Looking for loans for landscaping services? An SBA loan may be just what you've been looking for. This $36,600 landscaping services loan was issued by a Rhode Island bank.
This company received financial assistance through the SBA's lending programs back in 2007. They applied for an SBA loan with Rbs Citizens, out of Providence, Rhode Island. The loan was granted and they received $36,600 to help grow their East Taunton, Massachusetts business.
SBA Loan Borrower
COMPANY TYPE: LANDSCAPING SERVICES
EAST TAUNTON, MA 02718
SBA Loan Lender
RBS CITIZENS
ONE CITIZENS PLAZA
PROVIDENCE, RI 02903
This lender processed this loan for a small business under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.
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
11/14/2007
Loan Approval Gross Amount
$36,600
Loan Approval from the SBA
Of the total $36,600 loan amount, the SBA guaranteed $18,300.
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. The SBA loan documents indicated that the loan would help retain 2 existing jobs.
Next Steps for Getting an SBA Loan
SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.
Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Rbs Citizens that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).
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:
Bank Credit Lines
Good Banks for Small Business in Providence, Rhode Island
SBA Rhode Island Banks