Financing for Landscaping Services
Looking for commercial loans for landscaping services? Talk to a banker who works with the SBA. This $50,000 landscaping services loan was issued by a Missouri bank.
This small business knew how to go about getting a business bank loan. Based in Springfield, Missouri, they applied for and were awarded an SBA-guaranteed loan in 2003. The lending bank was Citizens National Bank - Springfield, based in Springfield, Missouri.
SBA Loan Borrower
COMPANY TYPE: LAWN AND GARDEN SERVICES
SPRINGFIELD, MO 65804
SBA Loan Lender
CITIZENS NATIONAL BANK - SPRINGFIELD
1465 E SUNSHINE
SPRINGFIELD, MO 65804
This was a Low Documentation SBA loan. The SBA started this program to reduce the paperwork associated with appliying for an SBA loan . 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. Right now, the maximum small business loan for this SBA program is $100,000.
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
10/21/2003
Loan Approval Gross Amount
$50,000
Loan Approval from the SBA
Of the total $50,000 loan amount, the SBA guaranteed $42,500.
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 5 employees. This SBA loan request did not indicate that the small business promised to use the funding to hire new employees or retain any existing employees.
Great, But How Can I Get an SBA Loan for My Business?
SBA loans provide money to small business owners for working capital for other expenses.
This company got an SBA loan. You can too! Maybe you want money for start up business? Maybe you have a business and need capital to get to the next level? 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:
Startup Funding Tip
SBA 7A Banks for Springfield, Missouri Loans
Missouri SBA Bank Lenders