Business Loans for Landscaping Services
Looking for business loans for landscaping services? An SBA loan may be just what you've been looking for. This $150,000 landscaping services loan was issued by a North Carolina bank.
This small business knew how to go about getting a business bank loan. Based in Hendersonville, North Carolina, they applied for and were awarded an SBA-guaranteed loan in 2007. The lending bank was Self-Help Cu, based in Durham, North Carolina.
SBA Loan Borrower
COMPANY TYPE: LANDSCAPING SERVICES
HENDERSONVILLE, NC 28792
SBA Loan Lender
SELF-HELP CU
301 W MAIN ST
DURHAM, NC 27701
This lender issued this debt financing under the SBA 7A lending 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
3/7/2007
Loan Approval Gross Amount
$150,000
Loan Approval from the SBA
Of the total $150,000 loan amount, the SBA guaranteed $127,500.
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 6 employees. The loan application indicated that the loan would help retain 6 existing jobs.
Getting an SBA Loan For Your Business
SBA loans provide money to small business owners for working capital for other expenses.
Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.
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:
The Art of Bootstrapping
SBA Approved Banks in Durham, North Carolina
North Carolina SBA Bank Lenders