Loans for Landscaping Services
Looking for loans for landscaping services? Talk to a banker who works with the SBA. This $26,000 landscaping services loan was issued by a Nebraska bank.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Hershey, Nebraska was able to borrow $26,000 from The Hershey State Bank. The SBA made the loan possible by guaranteeing $22,100 of this Nebraska small business loan.
SBA Loan Borrower
COMPANY TYPE: LANDSCAPING SERVICES
HERSHEY, NE 69143
SBA Loan Lender
THE HERSHEY STATE BANK
100 S LINCOLN
HERSHEY, NE 69143
This lender issued this particular business loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
561730 - Landscaping Services
Loan Approval Date
3/26/2003
Loan Approval Gross Amount
$26,000
Loan Approval from the SBA
Of the total $26,000 loan amount, the SBA guaranteed $22,100.
More Information on This SBA Loan
The borrower borrowed this money for a new business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company
had 4 employees. This SBA loan request did not indicate that the business planned to use the loan proceeds to add employees or retain any existing employees.
Great, But How Can I Get an SBA Loan for My Business?
SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA.
Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like The Hershey State Bank and they will explain how you can get an SBA loan for your company.
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:
Family and Friend Investors - Your First Financiers
SBA Approved Banks in Hershey, Nebraska
Nebraska SBA 7A Lenders