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December 20, 2024  
 
 
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Raising Money in Santa Rosa Beach, Florida With SBA Loans

 

 
Loan Census SBA Loan Info

Bank Loans for Landscaping Services

Looking for bank loans for landscaping services? Try the SBA. This $22,000 landscaping services loan was issued by a Florida bank.

This company received financial assistance through the SBA's lending programs back in 2002. They applied for an SBA loan with Whitney National Bank, out of Sea Grove Beach, Florida. The loan was granted and they received $22,000 to help grow their Santa Rosa Beach, Florida business.

SBA Loan Borrower

COMPANY TYPE: LAWN AND GARDEN SERVICES
SANTA ROSA BEACH, FL 32459

SBA Loan Lender

WHITNEY NATIONAL BANK
3921 E SCENIC HWY 30-A
SEA GROVE BEACH, FL 32459

This was a Low Documentation SBA loan. The SBA created this program to limit the paperwork associated with borrowing money. The low-doc program requires completion of only a one-page form for a loan of $50,000 or less. The limits have changed over time. Today, you can borrow up to $100,000 through the low-doc SBA 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

4/23/2002

Loan Approval Gross Amount

$22,000

Loan Approval from the SBA

Of the total $22,000 loan amount, the SBA guaranteed $18,700.

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 3 employees. The SBA loan documents did not indicate that the SBA funding recipient planned to use the money to hire new employees or retain any existing employees.

Getting an SBA Loan For Your Business

The Small Business Administration (SBA) is a federal government agency that has many different programs to help small business owners. The SBA Microloan Program, for example, provides very small loans to start-up, newly established, or growing small business concerns. The SBA also has special programs for women and minorities. However, the most popular SBA program is their loan guarantee program for small businesses.

This company got an SBA loan. You can too! Maybe you want money for start up business? Maybe you need money to buy a business? Regardless of why you need money, guaranteed SBA loans may be the right answer 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:

Understanding Dilution

Find an SBA Lender in Sea Grove Beach, Florida

Florida SBA Banks