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December 22, 2024  
 
 
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Business Loans for Fernandina Beach Entrepreneurs

 

 
Loan Census SBA Loan Info

Where to Get Capital for Landscaping Services

Looking for small business loans for landscaping services? Talk to a banker who works with the SBA. This $750,000 landscaping services loan was issued by a Georgia bank.

This small firm received financial assistance through the SBA's lending programs back in 2004. They applied for an SBA loan with First National Bank South, out of Alma, Georgia. The loan was granted and they received $750,000 to help grow their Fernandina Beach, Florida business.

SBA Loan Borrower

COMPANY TYPE: LANDSCAPING SERVICES
FERNANDINA BEACH, FL 32034

SBA Loan Lender

FIRST NATIONAL BANK SOUTH
423 W 12TH ST
ALMA, GA 31510

The issuing bank for this loan is an SBA 7A lender. The name comes from section 7(a) of the Small Business Act, which authorizes the Agency to provide business loans to American small businesses.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

561730 - Landscaping Services

Loan Approval Date

3/2/2004

Loan Approval Gross Amount

$750,000

Loan Approval from the SBA

Of the total $750,000 loan amount, the SBA guaranteed $562,500.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 17 employees. The loan application did not indicate that the company planned to use the loan proceeds to increase staffing levels or retain any existing employees.

Next Steps for Getting an SBA Loan

SBA loans provide money to small business owners for working capital for other expenses.

Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $750,000 loan. Remember, where there is a will, there is a way!

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:

504 Loans

SBA Banks in Alma, Georgia

SBA Participating Banks in Georgia