Small Business Loans for Landscaping Services

Looking for small business loans for landscaping services? Talk to a banker who works with the SBA. This $14,500 landscaping services loan was issued by an Indiana bank.

This small firm received financial assistance through the SBA's lending programs back in 2006. They applied for an SBA loan with Three Rivers Fcu, out of Fort Wayne, Indiana. The loan was granted and they received $14,500 to help grow their Fort Wayne, Indiana business.

SBA Loan Borrower

COMPANY TYPE: LANDSCAPING SERVICES
FORT WAYNE, IN 46807

SBA Loan Lender

THREE RIVERS FCU
1615 NORTHLAND BLVD
FORT WAYNE, IN 46825

The lender provided this bank loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.

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

2/3/2006

Loan Approval Gross Amount

$14,500

Loan Approval from the SBA

Of the total $14,500 loan amount, the SBA guaranteed $7,250.

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 9 employees. This SBA loan request indicated that the loan would help retain 9 existing jobs.

Getting an SBA Loan For Your Business

Don't apply for a loan directly with the SBA. You need to apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan.

The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. Three Rivers Fcu had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, Three Rivers Fcu made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers.

The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail.

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 Fort Wayne, Indiana

Getting an SBA Loan in Indiana