Louisiana Entrepreneur Secures Financing to Buy Lawn Doctor Franchise

Borrowing money to purchase a Lawn Doctor franchise? Jpmorgan Chase Bank has a history of making these loans and they are guaranteed by the SBA.

Want to borrow money to buy a Lawn Doctor franchise? If so, here's a 2007 SBA franchise loan that you should know about. Jpmorgan Chase Bank was the lender and the entrepreneur was based in Luling, Louisiana.

SBA Loan Borrower

TWO CAJUN BOYS, LLC
LULING, LA 70070

SBA Loan Lender

JPMORGAN CHASE BANK
811 RUSK ST., 16TH FL
HOUSTON, TX 77002

This loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

561730 - Landscaping Services

Loan Approval Date

10/15/2007

Loan Approval Gross Amount

$61,300

Loan Approval from the SBA

Of the total $61,300 loan amount, the SBA guaranteed $52,105.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Lawn Doctor franchise. At the time of the loan, the company had only one employee. This SBA loan request indicated that the loan would help generate 1 new job and retain 1 existing job.

Getting an SBA Loan For Your Business

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

While you may be able to find other ways to get money to start a business, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan.

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:

Lawn Doctor

Raising Venture Capital

Small Business Banks in Houston, Texas

Find an SBA Lender in Texas