Lakeland, FL Entrepreneur Gets SBA Loan to Buy U.S. Lawns Franchise

Need a loan to purchase an U.S. Lawns franchise? Ups Capital Business Credit has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy an U.S. Lawns franchise shouldn't be too tough. In 2007, Ups Capital Business Credit issued an SBA franchise loan to an entrepreneur in Lakeland, Florida. Because U.S. Lawns was registered with the SBA's registry of franchises, this Florida small business loan was issued on an expedited basis.

SBA Loan Borrower

U.S. LAWNS OF LAKELAND
LAKELAND, FL 33811

SBA Loan Lender

UPS CAPITAL BUSINESS CREDIT
425 DAY HILL RD
WINDSOR, CT 06095

This lender issued this business loan under the 7A SBA program, in which the SBA provides guaranteed loans to small business owners. This lending program dates back to 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

8/24/2007

Loan Approval Gross Amount

$825,000

Loan Approval from the SBA

Of the total $825,000 loan amount, the SBA guaranteed $618,750.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy an U.S. Lawns franchise. At the time of the loan, the company had 20 employees. The loan application indicated that the loan would help generate 18 new jobs and retain 2 existing jobs.

Getting an SBA Loan For Your Business

The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.

Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $825,000 loan. It's not easy, but why not give getting an SBA loan of your own a try?

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:

U.S. Lawns, Inc.

Alternative Financing

SBA Banks in Windsor, Connecticut

Connecticut SBA 7A Lenders