Financing for Landscaping Services
Looking for loans for landscaping services? An SBA loan may be just what you've been looking for. This $17,800 landscaping services loan was issued by a Rhode Island bank.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Glastonbury, Connecticut was able to borrow $17,800 from Bank Of America. The SBA made the loan possible by guaranteeing $8,900 of this Connecticut small business loan.
SBA Loan Borrower
COMPANY TYPE: ORNAMENTAL SHRUB AND TREE SERVICES
GLASTONBURY, CT 06033
SBA Loan Lender
BANK OF AMERICA
111 WESTMINSTER ST
PROVIDENCE, RI 02903
This lender processed this bank loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.
SBA Loan Program Type
This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.
SIC Code
0783 - Ornamental Shrub and Tree Services
NAICS Code
561730 - Landscaping Services
Loan Approval Date
9/28/2000
Loan Approval Gross Amount
$17,800
Loan Approval from the SBA
Of the total $17,800 loan amount, the SBA guaranteed $8,900.
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.
Great, But How Can I Get an SBA Loan for My Business?
SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.
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 $17,800 loan. Remember, anyone can do it... so why not you?
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:
Investor Turnoffs
Best Banks in Providence, Rhode Island
Rhode Island SBA Bank Lenders