Get an SBA Loan for Landscape Architectural Services
Looking for loans for landscape architectural services? The SBA may be the answer. This $99,900 landscape architectural services loan was issued by a Minnesota bank.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Maplewood, Minnesota was able to borrow $99,900 from Park Midway Bank. The SBA made the loan possible by guaranteeing $84,915 of this Minnesota small business loan.
SBA Loan Borrower
COMPANY TYPE: LANDSCAPE ARCHITECTURAL SERVICES
MAPLEWOOD, MN 55119
SBA Loan Lender
PARK MIDWAY BANK
2300 COMO AVE
SAINT PAUL, MN 55108
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
541320 - Landscape Architectural Services
Loan Approval Date
4/2/2004
Loan Approval Gross Amount
$99,900
Loan Approval from the SBA
Of the total $99,900 loan amount, the SBA guaranteed $84,915.
More Information on This SBA Loan
The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had only one employee. The SBA loan application for the borrower indicated that the loan would help generate 3 new jobs and retain 4 existing jobs.
Next Steps for Getting an SBA Loan
The Small Business Administration (SBA) is a federal government agency that has many different programs to help small business owners. The SBA Microloan Program, for example, provides very small loans to start-up, newly established, or growing small business concerns. The SBA also has special programs for women and minorities. However, the most popular SBA program is their loan guarantee program for small businesses.
Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Park Midway Bank and they will explain how you can get an SBA loan for your company.
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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