Borrow Money to Buy a Lawn Doctor Franchise
Need a loan to invest in a Lawn Doctor franchise? Commerce Bank/harrisburg Natl has a history of making these loans and they are guaranteed by the SBA.
If you live near Manchester, Pennsylvania and are interested in buying a Lawn Doctor franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2001 by Commerce Bank/harrisburg Natl. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase.
SBA Loan Borrower
L C S SERVICES INC
MANCHESTER, PA 17345
SBA Loan Lender
COMMERCE BANK/HARRISBURG NATL
1249 MARKET ST
LEMOYNE, PA 17043
This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
333112 - Lawn and Garden Tractor and Home Lawn and Garden Equipment Manufacturing
Loan Approval Date
3/9/2001
Loan Approval Gross Amount
$50,000
Loan Approval from the SBA
Of the total $50,000 loan amount, the SBA guaranteed $42,500.
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. The loan application indicated that the loan would help generate 1 new job and retain 1 existing job.
Getting an SBA Loan For Your Business
The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.
Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $50,000 loan. It's not easy, but why not give getting an SBA loan of your own a try?
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
Determining Proper Capital Structure for a Business
SBA Approved Banks in Lemoyne, Pennsylvania
SBA Lenders in Pennsylvania