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November 15, 2024  
 
 
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I Need a Loan in Norwood, Minnesota

 

 
Loan Census SBA Loan Info

Landscaping Services SBA Loans

Looking for SBA loans for landscaping services? The SBA may be the answer. This $216,000 landscaping services loan was issued by a Minnesota bank.

This business knew how to go about getting a business bank loan. Based in Norwood, Minnesota, they applied for and were awarded an SBA-guaranteed loan in 2002. The lending bank was Kleinbank, based in Norwood Young America, Minnesota.

SBA Loan Borrower

COMPANY TYPE: LANDSCAPING SERVICES
NORWOOD, MN 55368

SBA Loan Lender

KLEINBANK
800 FAXON RD
NORWOOD YOUNG AMERICA, MN 55368

This lender provides SBA guaranteed bank 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

11/13/2002

Loan Approval Gross Amount

$216,000

Loan Approval from the SBA

Of the total $216,000 loan amount, the SBA guaranteed $162,000.

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 6 employees. The loan application indicated that the loan would help generate 12 new jobs and retain 6 existing jobs.

Next Steps for Getting an SBA Loan

Remember, you apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan.

This company got an SBA loan. You can too! Maybe you need seed money for a small business? Maybe you want money to buy a franchise? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.

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.

Related Links:

Raising Venture Capital

SBA Participating Banks in Norwood Young America, Minnesota

Find an SBA Lender in Minnesota