Small Business Loans for Landscaping Services
Looking for small business loans for landscaping services? The SBA may be the answer. This $14,132 landscaping services loan was issued by a West Virginia bank.
This small firm knew how to go about getting a business bank loan. Based in Elkins, West Virginia, they applied for and were awarded an SBA-guaranteed loan in 2005. The lending bank was Mountain Valley Bank, based in Elkins, West Virginia.
SBA Loan Borrower
COMPANY TYPE: LANDSCAPING SERVICES
ELKINS, WV 26241
SBA Loan Lender
MOUNTAIN VALLEY BANK
317 DAVIS AVE
ELKINS, WV 26241
This lender issued this particular loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
561730 - Landscaping Services
Loan Approval Date
5/19/2005
Loan Approval Gross Amount
$14,132
Loan Approval from the SBA
Of the total $14,132 loan amount, the SBA guaranteed $12,012.
More Information on This SBA Loan
The borrower borrowed this money for a new 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 did not indicate that the business promised to use the loan proceeds to hire new employees or retain any existing employees.
Getting an SBA Loan For Your Business
If you are working on finding money to start a business in Elkins WV, you ought to talk with a local Elkins SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Elkins businesses.
Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $14,132 loan. It's not easy, but why not give getting an SBA loan of your own a try?
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:
Startup Funding Tip
Find an SBA Lender in Elkins, West Virginia
Getting an SBA Loan in West Virginia