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November 21, 2024  
 
 
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Examples of Manchester SBA Loans

 

 
Loan Census SBA Loan Info

Where to Get Capital for Landscaping Services

With these small business loans for landscaping services, the SBA guarantees the lender that the loan will be repaid. This landscaping services loan for $49,000 was given to a New Hampshire entrepreneur in 2006.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Manchester, New Hampshire was able to borrow $49,000 from St. Mary's Bank. The SBA made the loan possible by guaranteeing $24,500 of this New Hampshire small business loan.

SBA Loan Borrower

COMPANY TYPE: LANDSCAPING SERVICES
MANCHESTER, NH 03108

SBA Loan Lender

ST. MARY'S BANK
200 MCGREGOR ST
MANCHESTER, NH 03102

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

12/1/2006

Loan Approval Gross Amount

$49,000

Loan Approval from the SBA

Of the total $49,000 loan amount, the SBA guaranteed $24,500.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 4 employees. The loan application indicated that the loan would help generate 1 new job and retain 4 existing jobs.

Start the Process for Getting an SBA Loan Today!

SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.

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 $49,000 loan. Remember, you control your own destiny.

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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