Landscaping Services Loans
With these loans for landscaping services, the SBA guarantees the lender that the loan will be repaid. This landscaping services loan for $23,500 was given to an Oklahoma entrepreneur in 2002.
This company received financial assistance through the SBA's lending programs back in 2002. They applied for an SBA loan with Bank - Oklahoma, out of Oklahoma City, Oklahoma. The loan was granted and they received $23,500 to help grow their Oklahoma, Oklahoma business.
SBA Loan Borrower
COMPANY TYPE: LANDSCAPING SERVICES
OKLAHOMA, OK 73128
SBA Loan Lender
BANK - OKLAHOMA
7701 S WESTERN
OKLAHOMA CITY, OK 73139
This loan was provided via the SBA's LowDoc (Low Documentation) program. For these loans, the SBA can guarantee up to 80 percent of the loan amount. More importantly, completed applications are processed quickly by the SBA, usually within two or three days, and the required documentation to get a loan is minimal.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
561730 - Landscaping Services
Loan Approval Date
3/26/2002
Loan Approval Gross Amount
$23,500
Loan Approval from the SBA
Of the total $23,500 loan amount, the SBA guaranteed $19,975.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company
had only one employee. The loan application did not indicate that the SBA funding recipient promised to use the loan proceeds to hire new employees or retain any existing employees.
Great, But How Can I Get an SBA Loan for My Business?
SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.
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.
Related Links:
Understanding Dilution
Banks in Oklahoma City, Oklahoma
Getting an SBA Loan in Oklahoma