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 $5,500 was given to a Connecticut entrepreneur in 2002.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Orange, Connecticut was able to borrow $5,500 from Rbs Citizens. The SBA made the loan possible by guaranteeing $2,750 of this Connecticut small business loan.
SBA Loan Borrower
COMPANY TYPE: LANDSCAPING SERVICES
ORANGE, CT 06477
SBA Loan Lender
RBS CITIZENS
63 EUGENE O'NEILL DR
NEW LONDON, CT 06320
The lender provided this commercial loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.
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
7/29/2002
Loan Approval Gross Amount
$5,500
Loan Approval from the SBA
Of the total $5,500 loan amount, the SBA guaranteed $2,750.
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. This SBA loan request indicated that the loan would help retain 4 existing jobs.
Getting an SBA Loan For Your Business
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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