Financing for Landscaping Services

Looking for commercial loans for landscaping services? Talk to a banker who works with the SBA. This $94,300 landscaping services loan was issued by a Texas bank.

Getting a small business loan in Lubbock, Texas was important for this small business back in 2002 and, based on their loan application, they were successful in getting an SBA loan from First United Bank, operating out of Lubbock, Texas. Here are the details on this Texas small business loan.

SBA Loan Borrower

COMPANY TYPE: LANDSCAPING SERVICES
LUBBOCK, TX 74913

SBA Loan Lender

FIRST UNITED BANK
6604 FRANKFORD
LUBBOCK, TX 79424

This lender issued this particular commercial loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

561730 - Landscaping Services

Loan Approval Date

1/24/2002

Loan Approval Gross Amount

$94,300

Loan Approval from the SBA

Of the total $94,300 loan amount, the SBA guaranteed $80,155.

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 42 employees. The SBA loan documents did not indicate that the SBA funding recipient planned to use the funding to add employees or retain any existing employees.

Getting an SBA Loan For Your Business

SBA loans provide money to small business owners for working capital for other expenses.

This SBA loan was for $94,300. How would you spend $94,300 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:

Small Business Loan

Small Business Banks in Lubbock, Texas

Getting an SBA Loan in Texas