Landscaping Services Small Business Loans
With these small business loans for landscaping services, the SBA guarantees the lender that the loan will be repaid. This landscaping services loan for $250,000 was given to an Ohio entrepreneur in 2005.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in North Royalton, Ohio was able to borrow $250,000 from Jpmorgan Chase Bank. The SBA made the loan possible by guaranteeing $125,000 of this Ohio small business loan.
SBA Loan Borrower
COMPANY TYPE: LANDSCAPING SERVICES
NORTH ROYALTON, OH 44133
SBA Loan Lender
JPMORGAN CHASE BANK
811 RUSK ST., 16TH FL
HOUSTON, TX 77002
This SBA loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.
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
8/12/2005
Loan Approval Gross Amount
$250,000
Loan Approval from the SBA
Of the total $250,000 loan amount, the SBA guaranteed $125,000.
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 35 employees. The loan application indicated that the loan would help generate 10 new jobs and retain 25 existing jobs.
Getting an SBA Loan For Your Business
SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.
We can help you find the best banks for small businesses in North Royalton 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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