SBA Loan from Suntrust Bank Helps Landscaping Services Company

An SBA loan from Suntrust Bank typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, an Edgewater, Florida business owner got a $12,600 loan.

This growing company received financial assistance through the SBA's lending programs back in 2004. They applied for an SBA loan with Suntrust Bank, out of Atlanta, Georgia. The loan was granted and they received $12,600 to help grow their Edgewater, Florida business.

SBA Loan Borrower

COMPANY TYPE: LANDSCAPING SERVICES
EDGEWATER, FL 32141

SBA Loan Lender

SUNTRUST BANK
25 PARK PLACE NE
ATLANTA, GA 30303

This commercial loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.

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

12/2/2004

Loan Approval Gross Amount

$12,600

Loan Approval from the SBA

Of the total $12,600 loan amount, the SBA guaranteed $6,300.

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 loan application indicated that the loan would help generate 1 new job and retain 1 existing job.

Getting an SBA Loan For Your Business

The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.

We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.

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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