SBA Loans for Landscaping Services
Looking for SBA loans for landscaping services? An SBA loan may be just what you've been looking for. This $40,000 landscaping services loan was issued by a Texas bank.
This business received financial assistance through the SBA's lending programs back in 2003. They applied for an SBA loan with First Finan Bank, out of Southlake, Texas. The loan was granted and they received $40,000 to help grow their Keller, Texas business.
SBA Loan Borrower
COMPANY TYPE: LANDSCAPING SERVICES
KELLER, TX 76244
SBA Loan Lender
FIRST FINAN BANK
3205 E HWY 114
SOUTHLAKE, TX 76092
This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
561730 - Landscaping Services
Loan Approval Date
9/29/2003
Loan Approval Gross Amount
$40,000
Loan Approval from the SBA
Of the total $40,000 loan amount, the SBA guaranteed $34,000.
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 17 employees. The loan application did not indicate that the small business planned to use the money to add employees or retain any existing employees.
Next Steps for Getting an SBA Loan
SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.
This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.
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.
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