Get an SBA Loan for Landscaping Services

With these loans for landscaping services, the SBA guarantees the lender that the loan will be repaid. This landscaping services loan for $772,100 was given to a Texas entrepreneur in 2008.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Richmond, Texas was able to borrow $772,100 from Wells Fargo Bank. The SBA made the loan possible by guaranteeing $579,075 of this Texas small business loan.

SBA Loan Borrower

COMPANY TYPE: LANDSCAPING SERVICES
RICHMOND, TX 77469

SBA Loan Lender

WELLS FARGO BANK
101 N PHILIPS AVE
SIOUX FALLS, SD 57104

As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

561730 - Landscaping Services

Loan Approval Date

1/31/2008

Loan Approval Gross Amount

$772,100

Loan Approval from the SBA

Of the total $772,100 loan amount, the SBA guaranteed $579,075.

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 20 employees. The loan application indicated that the loan would help generate 2 new jobs and retain 20 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 can help you find the best banks for small businesses in Richmond or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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:

Direct Public Offerings

SBA Participating Banks in Sioux Falls, South Dakota

Getting an SBA Loan in South Dakota