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December 21, 2024  
 
 
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Raising Money in Elkins, West Virginia With SBA Loans

 

 
Loan Census SBA Loan Info

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:

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Find an SBA Lender in Elkins, West Virginia

Getting an SBA Loan in West Virginia