Business Loans 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 $50,000 was given to a Connecticut entrepreneur in 2007.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in New Milford (census Name For N, Connecticut was able to borrow $50,000 from Savings Bank Of Danbury. The SBA made the loan possible by guaranteeing $25,000 of this Connecticut small business loan.
SBA Loan Borrower
COMPANY TYPE: LANDSCAPING SERVICES
NEW MILFORD (CENSUS NAME FOR N, CT 06776
SBA Loan Lender
SAVINGS BANK OF DANBURY
220 MAIN ST
DANBURY, CT 06810
The lender provided this SBA bank loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.
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
1/10/2007
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 an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had 3 employees. The SBA loan application for the borrower indicated that the loan would help retain 3 existing jobs.
Start the Process for Getting an SBA Loan Today!
If you are interested in getting money to start a business or need money for an existing business, an SBA loan can be a great way to raise money
This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.
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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