Loan Census Banking News and Information
November 21, 2024  
 
 
  Business Loan Information  
 

SBA 7A Banks for Scottsdale Business Owners

 

 
Loan Census SBA Loan Info

How to Get a Loan for Landscaping Services

With these SBA loans for landscaping services, the SBA guarantees the lender that the loan will be repaid. This landscaping services loan for $250,000 was given to an Arizona entrepreneur in 2003.

This small business knew how to go about getting a business bank loan. Based in Scottsdale, Arizona, they applied for and were awarded an SBA-guaranteed loan in 2003. The lending bank was Alliance Bank Of Arizona, based in Phoenix, Arizona.

SBA Loan Borrower

COMPANY TYPE: LANDSCAPING SERVICES
SCOTTSDALE, AZ 85251

SBA Loan Lender

ALLIANCE BANK OF ARIZONA
2701 E CAMELBACK RD, STE 110
PHOENIX, AZ 85018

Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

561730 - Landscaping Services

Loan Approval Date

5/8/2003

Loan Approval Gross Amount

$250,000

Loan Approval from the SBA

Of the total $250,000 loan amount, the SBA guaranteed $187,500.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 30 employees. The SBA loan documents indicated that the loan would help generate 2 new jobs and retain 30 existing jobs.

Getting an SBA Loan For Your Business

The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.

Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $250,000 loan. It's not easy, but why not give getting an SBA loan of your own a try?

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.

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