Getting an SBA Loan for Landscaping Services
Looking for SBA loans for landscaping services? An SBA loan may be just what you've been looking for. This $77,000 landscaping services loan was issued by a Nebraska bank.
This business knew how to go about getting a business bank loan. Based in Grand Island, Nebraska, they applied for and were awarded an SBA-guaranteed loan in 2003. The lending bank was Heritage Bank, based in Wood River, Nebraska.
SBA Loan Borrower
COMPANY TYPE: LANDSCAPING SERVICES
GRAND ISLAND, NE 68803
SBA Loan Lender
HERITAGE BANK
110 E 9TH ST
WOOD RIVER, NE 68883
The lender provided this SBA business 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
4/2/2003
Loan Approval Gross Amount
$77,000
Loan Approval from the SBA
Of the total $77,000 loan amount, the SBA guaranteed $38,500.
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 3 employees. This SBA loan request indicated that the loan would help retain 3 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.
This company got an SBA loan. You can too! Maybe you are raising money for operating expenses? Maybe you need money to buy a business? Regardless of why you need money, guaranteed SBA loans may be the right answer for 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:
How Equity Dilution Works
SBA Participating Banks in Wood River, Nebraska
SBA Participating Banks in Nebraska