Loan Census Banking News and Information
December 19, 2024  
 
 
  Business Loan Information  
 

Best Banks in Louisiana

 

 
Loan Census SBA Loan Info

Landscaping Services SBA Loans

Looking for SBA loans for landscaping services? An SBA loan may be just what you've been looking for. This $125,000 landscaping services loan was issued by a Louisiana bank.

This small business received financial assistance through the SBA's lending programs back in 2006. They applied for an SBA loan with Gulf Coast Bank, out of Abbeville, Louisiana. The loan was granted and they received $125,000 to help grow their Loreauvile, Louisiana business.

SBA Loan Borrower

COMPANY TYPE: LANDSCAPING SERVICES
LOREAUVILE, LA 70552

SBA Loan Lender

GULF COAST BANK
221 S STATE ST
ABBEVILLE, LA 70510

This lender issued this debt financing under the 7A SBA program, in which the SBA provides guaranteed loans to small business owners. This lending program began in 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

3/9/2006

Loan Approval Gross Amount

$125,000

Loan Approval from the SBA

Of the total $125,000 loan amount, the SBA guaranteed $106,250.

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 3 employees. The loan application did not indicate that the SBA funding recipient planned to use the money to increase staffing levels or retain any existing employees.

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

If you are wondering how to raise money for a company in Loreauvile LA, you ought to talk with a local Loreauvile SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Loreauvile businesses.

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.

Related Links:

Small Business Credit Cards

Who Lends Money to Small Businesses in Abbeville, Louisiana

Browse All Business Loan Sources for Louisiana