Borrowing Money for Landscaping Services
Looking for bank loans for landscaping services? The SBA may be the answer. This $40,000 landscaping services loan was issued by a Missouri bank.
This small firm knew how to go about getting a business bank loan. Based in Kansas City, Kansas, they applied for and were awarded an SBA-guaranteed loan in 2004. The lending bank was Commerce Bank, based in Kansas City, Missouri.
SBA Loan Borrower
COMPANY TYPE: LANDSCAPING SERVICES
KANSAS CITY, KS 66112
SBA Loan Lender
COMMERCE BANK
1000 WALNUT ST
KANSAS CITY, MO 64141
The lender provided this debt financing 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
3/9/2004
Loan Approval Gross Amount
$40,000
Loan Approval from the SBA
Of the total $40,000 loan amount, the SBA guaranteed $20,000.
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 5 employees. The SBA loan application for the borrower indicated that the loan would help generate 2 new jobs and retain 5 existing jobs.
Getting an SBA Loan For Your Business
Many small businesses receive loans backed by the U.S. Small Business Administration.
If you need emergency business money, the SBA has special programs for you. We've put a spotlight on this loan from Commerce Bank so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.
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:
Advice on Getting a Small Business Loan
Where to Get an SBA Loan in Kansas City, Missouri
SBA Participating Banks in Missouri