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November 22, 2024  
 
 
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SBA Loans from U.S. Bank National Association

 

 
Loan Census SBA Loan Info

SBA Loan from U.S. Bank National Association Helps Landscaping Services Company

U.S. Bank National Association has a track record as a leading provider of SBA loans. Find out how this Nevada entrepreneur received an SBA loan from them.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Las Vegas, Nevada was able to borrow $48,900 from U.S. Bank National Association. The SBA made the loan possible by guaranteeing $24,450 of this Nevada small business loan.

SBA Loan Borrower

COMPANY TYPE: LANDSCAPING SERVICES
LAS VEGAS, NV 89131

SBA Loan Lender

U.S. BANK NATIONAL ASSOCIATION
425 WALNUT ST
CINCINNATI, OH 45202

This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000.

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

3/1/2007

Loan Approval Gross Amount

$48,900

Loan Approval from the SBA

Of the total $48,900 loan amount, the SBA guaranteed $24,450.

More Information on This SBA Loan

The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 10 employees. The loan application indicated that the loan would help retain 10 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

Every year, the SBA guarantees over $10 billion for loans just like this one.

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 $48,900 loan. Remember, feel the fear, and do it anyway.

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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