Raising Money 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 $120,000 was given to a New Jersey entrepreneur in 2002.
Getting a small business loan in Lambertville, New Jersey was important for this small business back in 2002 and, based on their loan application, they were successful in getting an SBA loan from Commerce Bank, operating out of Philadelphia, Pennsylvania. Here are the details on this New Jersey small business loan.
SBA Loan Borrower
COMPANY TYPE: LANDSCAPING SERVICES
LAMBERTVILLE, NJ 08530
SBA Loan Lender
COMMERCE BANK
2005 MARKET ST
PHILADELPHIA, PA 19103
This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
561730 - Landscaping Services
Loan Approval Date
9/13/2002
Loan Approval Gross Amount
$120,000
Loan Approval from the SBA
Of the total $120,000 loan amount, the SBA guaranteed $90,000.
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 24 employees. This SBA loan request indicated that the loan would help generate 3 new jobs and retain 24 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
If you need business start up money in Lambertville NJ, you ought to talk with a local Lambertville SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Lambertville businesses.
The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Commerce Bank are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for you.
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:
Understanding Dilution
SBA 7A Banks for Philadelphia, Pennsylvania Loans
SBA Lenders in Pennsylvania