Getting an SBA Loan for Landscaping Services
With these business loans for landscaping services, the SBA guarantees the lender that the loan will be repaid. This landscaping services loan for $413,000 was given to a Wisconsin entrepreneur in 2005.
Getting a small business loan in New Berlin, Wisconsin was important for this business back in 2005 and, based on their loan application, they were successful in getting an SBA loan from Associated Bank, operating out of Brookfield, Wisconsin. Here are the details on this Wisconsin small business loan.
SBA Loan Borrower
COMPANY TYPE: LAWN AND GARDEN SERVICES
NEW BERLIN, WI 53151
SBA Loan Lender
ASSOCIATED BANK
12600 W NORTH AVE
BROOKFIELD, WI 53005
SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This commercial loan was issued via the SBA 7a lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
0782 - Lawn and Garden Services
NAICS Code
561730 - Landscaping Services
Loan Approval Date
8/1/2005
Loan Approval Gross Amount
$413,000
Loan Approval from the SBA
Of the total $413,000 loan amount, the SBA guaranteed $309,750.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company
had 20 employees. The SBA loan documents did not indicate that the company promised to use the loan proceeds to hire new employees or retain any existing employees.
Great, But How Can I Get an SBA Loan for My Business?
Many small businesses receive loans backed by the U.S. Small Business Administration.
While you may be able to find other ways to get money to start a business, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan.
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:
Small Business Credit Cards
Best Banks in Brookfield, Wisconsin
Browse All Business Loan Sources for Wisconsin