Loans for Landscaping Services
With these loans for landscaping services, the SBA guarantees the lender that the loan will be repaid. This landscaping services loan for $8,000 was given to an Indiana entrepreneur in 2006.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Fortville, Indiana was able to borrow $8,000 from The Huntington National Bank. The SBA made the loan possible by guaranteeing $4,000 of this Indiana small business loan.
SBA Loan Borrower
COMPANY TYPE: LANDSCAPING SERVICES
Fortville, IN 46040
SBA Loan Lender
THE HUNTINGTON NATIONAL BANK
7 EASTON OVAL
COLUMBUS, OH 43219
This loan for a small business 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
8/28/2006
Loan Approval Gross Amount
$8,000
Loan Approval from the SBA
Of the total $8,000 loan amount, the SBA guaranteed $4,000.
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 only one employee. The SBA loan documents did not indicate that the business promised to use the loan proceeds to add employees or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.
Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like The Huntington National Bank and they will explain how you can get an SBA loan for your company.
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:
SBIR Funding
SBA Banks in Columbus, Ohio
Getting an SBA Loan in Ohio