Loan Census Banking News and Information
November 14, 2024  
 
 
  Business Loan Information  
 

Norcross, Georgia Bank Loan

 

 
Loan Census SBA Loan Info

How to Get a Loan for Landscaping Services

With these SBA loans for landscaping services, the SBA guarantees the lender that the loan will be repaid. This landscaping services loan for $421,000 was given to a Georgia entrepreneur in 2003.

Getting a small business loan in Norcross, Georgia was important for this small business back in 2003 and, based on their loan application, they were successful in getting an SBA loan from Business Loan Center, LLC, operating out of New York, New York. Here are the details on this Georgia small business loan.

SBA Loan Borrower

COMPANY TYPE: LANDSCAPING SERVICES
NORCROSS, GA 30071

SBA Loan Lender

BUSINESS LOAN CENTER, LLC
1633 BROADWAY, 39TH FL
NEW YORK, NY 10019

Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

561730 - Landscaping Services

Loan Approval Date

10/6/2003

Loan Approval Gross Amount

$421,000

Loan Approval from the SBA

Of the total $421,000 loan amount, the SBA guaranteed $315,750.

More Information on This SBA Loan

The borrower borrowed this money for an existing 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 63 employees. The loan application indicated that the loan would help retain 63 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

If you are interested in getting money to start a business or already have a business and need money to expand, an SBA loan can be a great source of funding.

Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

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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