Nursery and Tree Production Commercial Loans

With these commercial loans for nursery and tree production, the SBA guarantees the lender that the loan will be repaid. This nursery and tree production loan for $480,000 was given to a Kansas entrepreneur in 2001.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Rossville, Kansas was able to borrow $480,000 from First National Bank. The SBA made the loan possible by guaranteeing $360,000 of this Kansas small business loan.

SBA Loan Borrower

COMPANY TYPE: LAWN AND GARDEN SERVICES
ROSSVILLE, KS 66533

SBA Loan Lender

FIRST NATIONAL BANK
806 W 5TH ST
WAMEGO, KS 66547

The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide SBA small business loans to American small businesses.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

0782 - Lawn and Garden Services

NAICS Code

111421 - Nursery and Tree Production

Loan Approval Date

5/8/2001

Loan Approval Gross Amount

$480,000

Loan Approval from the SBA

Of the total $480,000 loan amount, the SBA guaranteed $360,000.

More Information on This SBA Loan

The borrower borrowed this money for a new 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 3 employees. This SBA loan request did not indicate that the small business planned to use the funding to hire new employees or retain any existing employees.

Getting an SBA Loan For Your Business

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $480,000 loan. Remember, you control your own destiny.

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:

The Friends and Family Network

Small Bank Loans in Wamego, Kansas

Getting an SBA Loan in Kansas