Small Business Loans for Landscaping Services
With these small business loans for landscaping services, the SBA guarantees the lender that the loan will be repaid. This landscaping services loan for $62,500 was given to an Ohio entrepreneur in 2006.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Gates Mills, Ohio was able to borrow $62,500 from Rbs Citizens. The SBA made the loan possible by guaranteeing $31,250 of this Ohio small business loan.
SBA Loan Borrower
COMPANY TYPE: LANDSCAPING SERVICES
GATES MILLS, OH 44040
SBA Loan Lender
RBS CITIZENS
ONE CITIZENS PLAZA
PROVIDENCE, RI 02903
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
6/16/2006
Loan Approval Gross Amount
$62,500
Loan Approval from the SBA
Of the total $62,500 loan amount, the SBA guaranteed $31,250.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company
had only one employee. The SBA loan application for the borrower indicated that the loan would help retain 1 existing job.
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.
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 $62,500 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.
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