Landscaping Services Loans
Looking for loans for landscaping services? Try the SBA. This $50,000 landscaping services loan was issued by a Massachusetts bank.
This small firm knew how to go about getting a business bank loan. Based in Marshfield (census Name For Ma, Massachusetts, they applied for and were awarded an SBA-guaranteed loan in 2005. The lending bank was South Shore Savings Bank, based in South Weymouth, Massachusetts.
SBA Loan Borrower
COMPANY TYPE: LANDSCAPING SERVICES
MARSHFIELD (CENSUS NAME FOR MA, MA 02050
SBA Loan Lender
SOUTH SHORE SAVINGS BANK
1530 MAIN ST
SOUTH WEYMOUTH, MA 02190
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
11/15/2005
Loan Approval Gross Amount
$50,000
Loan Approval from the SBA
Of the total $50,000 loan amount, the SBA guaranteed $25,000.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company
had 15 employees. The SBA loan documents indicated that the loan would help retain 15 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.
Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.
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:
VC Firms on Twitter
SBA Participating Banks in South Weymouth, Massachusetts
SBA Massachusetts Banks