Landscaping Services Bank Loans
With these bank loans for landscaping services, the SBA guarantees the lender that the loan will be repaid. This landscaping services loan for $590,000 was given to a Louisiana entrepreneur in 2003.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in New Orleans, Louisiana was able to borrow $590,000 from Jpmorgan Chase Bank. The SBA made the loan possible by guaranteeing $442,500 of this Louisiana small business loan.
SBA Loan Borrower
COMPANY TYPE: LANDSCAPING SERVICES
NEW ORLEANS, LA 70125
SBA Loan Lender
JPMORGAN CHASE BANK
811 RUSK ST., 16TH FL
HOUSTON, TX 77002
This lender provides SBA business loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
561730 - Landscaping Services
Loan Approval Date
8/29/2003
Loan Approval Gross Amount
$590,000
Loan Approval from the SBA
Of the total $590,000 loan amount, the SBA guaranteed $442,500.
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 19 employees. This SBA loan request indicated that the loan would help retain 19 existing jobs.
Getting an SBA Loan For Your Business
Many small businesses receive loans backed by the U.S. Small Business Administration.
We can help you find the best banks for small businesses in New Orleans or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.
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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