Where to Get Capital for Landscaping Services

With these SBA loans for landscaping services, the SBA guarantees the lender that the loan will be repaid. This landscaping services loan for $8,500 was given to a Nebraska entrepreneur in 2007.

Getting a small business loan in Grand Island, Nebraska was important for this business back in 2007 and, based on their loan application, they were successful in getting an SBA loan from Heritage Bank, operating out of Wood River, Nebraska. Here are the details on this Nebraska small business loan.

SBA Loan Borrower

COMPANY TYPE: LANDSCAPING SERVICES
GRAND ISLAND, NE 68803

SBA Loan Lender

HERITAGE BANK
110 E 9TH ST
WOOD RIVER, NE 68883

This lender issued this commercial loan under the SBA's 7(a) guaranteed loan program, in which the SBA provides guaranteed loans to small business owners. This lending program was started in 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

561730 - Landscaping Services

Loan Approval Date

10/5/2007

Loan Approval Gross Amount

$8,500

Loan Approval from the SBA

Of the total $8,500 loan amount, the SBA guaranteed $7,225.

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 2 employees. The loan application indicated that the loan would help retain 2 existing jobs.

Getting an SBA Loan For Your Business

SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory.

The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. Heritage Bank had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, Heritage Bank 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:

Debt Financing

Find an SBA Lender in Wood River, Nebraska

Where to Get an SBA Loan Nebraska