Commercial Loans for Landscaping Services

Looking for commercial loans for landscaping services? Try the SBA. This $240,735 landscaping services loan was issued by a Texas bank.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Reklaw, Texas was able to borrow $240,735 from Texas National Bank - Jacksonville. The SBA made the loan possible by guaranteeing $180,551 of this Texas small business loan.

SBA Loan Borrower

COMPANY TYPE: LAWN AND GARDEN SERVICES
REKLAW, TX 75784

SBA Loan Lender

TEXAS NATIONAL BANK - JACKSONVILLE
1106 N MAIN
RUSK, TX 75785

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA small business loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

0782 - Lawn and Garden Services

NAICS Code

561730 - Landscaping Services

Loan Approval Date

9/15/2003

Loan Approval Gross Amount

$240,735

Loan Approval from the SBA

Of the total $240,735 loan amount, the SBA guaranteed $180,551.

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 5 employees. The SBA loan documents did not indicate that the small business planned to use the loan proceeds to add employees or retain any existing employees.

Next Steps for Getting an SBA Loan

SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Texas National Bank - Jacksonville are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there 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:

Role of Business Plan When Raising Money

Good Banks for Small Business in Rusk, Texas

Texas SBA Banks