Business Loans for Landscaping Services
Looking for business loans for landscaping services? Talk to a banker who works with the SBA. This $132,300 landscaping services loan was issued by a Washington bank.
This small business knew how to go about getting a business bank loan. Based in Pasco, Washington, they applied for and were awarded an SBA-guaranteed loan in 2002. The lending bank was Bank Of Whitman, based in Pasco, Washington.
SBA Loan Borrower
COMPANY TYPE: LANDSCAPING SERVICES
PASCO, WA 99301
SBA Loan Lender
BANK OF WHITMAN
9715 SANDIFUR PKWY
PASCO, WA 99301
This was a Low Documentation SBA loan. The SBA launched this program to reduce the paperwork associated with borrowing money. The low-doc program is quick, requiring completion of only a one-page form for a loan of $50,000 or less. The limits have changed over time. Currently, $100,000 is the maximum loan amount.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
561730 - Landscaping Services
Loan Approval Date
11/6/2002
Loan Approval Gross Amount
$132,300
Loan Approval from the SBA
Of the total $132,300 loan amount, the SBA guaranteed $112,455.
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 12 employees. This SBA loan request did not indicate that the business planned to use the loan proceeds to increase staffing levels or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
Every year, the SBA guarantees over $10 billion for loans just like this one.
While you may be able to borrow money from friends and family, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications 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:
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Who Lends Money to Small Businesses in Pasco, Washington
Getting an SBA Loan in Washington