Business Loans for Landscaping Services
With these business loans for landscaping services, the SBA guarantees the lender that the loan will be repaid. This landscaping services loan for $19,500 was given to a New York entrepreneur in 2006.
Getting a small business loan in Holland, New York was important for this small business back in 2006 and, based on their loan application, they were successful in getting an SBA loan from Bank Of Holland, operating out of Holland, New York. Here are the details on this New York small business loan.
SBA Loan Borrower
COMPANY TYPE: LANDSCAPING SERVICES
HOLLAND, NY 14080
SBA Loan Lender
BANK OF HOLLAND
12 S MAIN ST
HOLLAND, NY 14080
This bank loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
561730 - Landscaping Services
Loan Approval Date
12/14/2006
Loan Approval Gross Amount
$19,500
Loan Approval from the SBA
Of the total $19,500 loan amount, the SBA guaranteed $16,575.
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 2 employees. The SBA loan documents did not indicate that the business promised to use the funding to hire new employees or retain any existing employees.
Next Steps for Getting an SBA Loan
SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.
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 $19,500 loan. Remember, you control your own destiny.
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:
SBIR Funding
SBA Banks in Holland, New York
Find an SBA Lender in New York