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December 21, 2024  
 
 
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Small Business Banks in Massachusetts

 

 
Loan Census SBA Loan Info

Business Loans for Landscaping Services

Looking for business loans for landscaping services? The SBA may be the answer. This $10,000 landscaping services loan was issued by a Massachusetts bank.

This small business knew how to go about getting a business bank loan. Based in Middleboro, Massachusetts, they applied for and were awarded an SBA-guaranteed loan in 2005. The lending bank was Rockland Trust Company, based in Rockland, Massachusetts.

SBA Loan Borrower

COMPANY TYPE: LANDSCAPING SERVICES
MIDDLEBORO, MA 02346

SBA Loan Lender

ROCKLAND TRUST COMPANY
288 UNION ST
ROCKLAND, MA 02370

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

10/3/2005

Loan Approval Gross Amount

$10,000

Loan Approval from the SBA

Of the total $10,000 loan amount, the SBA guaranteed $5,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had only one employee. The SBA loan documents indicated that the loan would help generate 1 new job and retain 1 existing job.

Next Steps for Getting an SBA Loan

If you are working on finding money to start a business in Middleboro MA, you ought to talk with a local Middleboro SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Middleboro businesses.

Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Rockland Trust Company that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).

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:

Obtaining Funding - How to Decide How Much to Raise

Find an SBA Lender in Rockland, Massachusetts

SBA Lenders in Massachusetts