Loan Census Banking News and Information
November 15, 2024  
 
 
  Business Loan Information  
 

Lockport, Illinois Bank Loan

 

 
Loan Census SBA Loan Info

Landscaping Services Commercial Loans

Looking for commercial loans for landscaping services? An SBA loan may be just what you've been looking for. This $100,000 landscaping services loan was issued by a Virginia bank.

This business knew how to go about getting a business bank loan. Based in Lockport, Illinois, they applied for and were awarded an SBA-guaranteed loan in 2007. The lending bank was Capital One, based in Mclean, Virginia.

SBA Loan Borrower

COMPANY TYPE: LANDSCAPING SERVICES
LOCKPORT, IL 60441

SBA Loan Lender

CAPITAL ONE
1680 CAPITAL ONE DR
MCLEAN, VA 22102

This small business loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.

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

3/30/2007

Loan Approval Gross Amount

$100,000

Loan Approval from the SBA

Of the total $100,000 loan amount, the SBA guaranteed $50,000.

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 22 employees. The SBA loan application for the borrower indicated that the loan would help retain 22 existing jobs.

Getting an SBA Loan For Your Business

If you need business start up money in Lockport IL, you ought to talk with a local Lockport SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Lockport businesses.

This SBA loan was for $100,000. How would you spend $100,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.

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:

Alternative Financing

SBA 7A Banks in Mclean, Virginia

Getting an SBA Loan in Virginia