Where to Get Capital for Landscaping Services
Looking for small business loans for landscaping services? The SBA may be the answer. This $26,400 landscaping services loan was issued by a Louisiana bank.
Getting a small business loan in Pineville, Louisiana was important for this growing firm back in 2004 and, based on their loan application, they were successful in getting an SBA loan from Red River Bank, operating out of Alexandria, Louisiana. Here are the details on this Louisiana small business loan.
SBA Loan Borrower
COMPANY TYPE: LANDSCAPING SERVICES
PINEVILLE, LA 71360
SBA Loan Lender
RED RIVER BANK
1412 CENTRE COURT DR, STE 101
ALEXANDRIA, LA 71301
This lender issued this particular debt financing under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
561730 - Landscaping Services
Loan Approval Date
8/5/2004
Loan Approval Gross Amount
$26,400
Loan Approval from the SBA
Of the total $26,400 loan amount, the SBA guaranteed $22,440.
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 4 employees. The SBA loan documents did not indicate that the business planned to use the funding to add employees or retain any existing employees.
Great, But How Can I Get an SBA Loan for My Business?
Every year, the SBA guarantees over $10 billion for loans just like this one.
If you need emergency money for small businesses, the SBA has special programs for you. We've put a spotlight on this loan from Red River Bank so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.
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
Find an SBA Lender in Alexandria, Louisiana
SBA Lenders in Louisiana