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November 22, 2024  
 
 
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Raising Money in Southampton, Massachusetts With SBA Loans

 

 
Loan Census SBA Loan Info

Business Loans for Landscaping Services

Looking for business loans for landscaping services? Try the SBA. This $12,000 landscaping services loan was issued by a Massachusetts bank.

This small business received financial assistance through the SBA's lending programs back in 2001. They applied for an SBA loan with Chicopee Savings Bank, out of Chicopee, Massachusetts. The loan was granted and they received $12,000 to help grow their Southampton, Massachusetts business.

SBA Loan Borrower

COMPANY TYPE: LAWN AND GARDEN SERVICES
SOUTHAMPTON, MA 01073

SBA Loan Lender

CHICOPEE SAVINGS BANK
70 CENTER ST
CHICOPEE, MA 01013

This loan was provided via the SBA's LowDoc (Low Documentation) program. For these loans, the SBA can guarantee up to 80 percent of the loan amount. More importantly, completed applications are processed quickly by the SBA, usually within two or three days, and the required documentation to get a loan is minimal.

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

10/22/2001

Loan Approval Gross Amount

$12,000

Loan Approval from the SBA

Of the total $12,000 loan amount, the SBA guaranteed $10,200.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 4 employees. The loan application did not indicate that the SBA funding recipient promised to use the loan proceeds to hire new employees or retain any existing employees.

Next Steps for Getting an SBA Loan

If you are wondering how to find money to start a business or need money to grow a business, an SBA loan can be a great funding source

We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.

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:

Business Credit Evaluation

Best Banks in Chicopee, Massachusetts

Getting an SBA Loan in Massachusetts