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November 15, 2024  
 
 
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I Need a Business Loan in Newnan, Georgia

 

 
Loan Census SBA Loan Info

Landscaping Services Commercial Loans

Looking for commercial loans for landscaping services? The SBA may be the answer. This $500,000 landscaping services loan was issued by a Georgia bank.

Getting a small business loan in Newnan, Georgia was important for this business back in 2003 and, based on their loan application, they were successful in getting an SBA loan from Omni National Bank, operating out of Atlanta, Georgia. Here are the details on this Georgia small business loan.

SBA Loan Borrower

COMPANY TYPE: LANDSCAPING SERVICES
NEWNAN, GA 30263

SBA Loan Lender

OMNI NATIONAL BANK
5 CONCOURSE PKWY, STE 100, QU
ATLANTA, GA 30328

This business loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

561730 - Landscaping Services

Loan Approval Date

1/30/2003

Loan Approval Gross Amount

$500,000

Loan Approval from the SBA

Of the total $500,000 loan amount, the SBA guaranteed $375,000.

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 4 employees. The SBA loan application for the borrower did not indicate that the small business planned to use the money to add employees or retain any existing employees.

Next Steps for Getting an SBA Loan

SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.

We've showcased information on this loan to let you know that businesses like yours 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.

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