How to Get a Loan for Landscaping Services
Looking for commercial loans for landscaping services? Talk to a banker who works with the SBA. This $150,000 landscaping services loan was issued by a Maryland bank.
Getting a small business loan in Sykesville, Maryland was important for this small business back in 2004 and, based on their loan application, they were successful in getting an SBA loan from Blc Bank, operating out of Westminster, Maryland. Here are the details on this Maryland small business loan.
SBA Loan Borrower
COMPANY TYPE: LANDSCAPE COUNSELING AND PLANNING
SYKESVILLE, MD 21784
SBA Loan Lender
BLC BANK
29 WESTMINSTER SHPNG CTR
WESTMINSTER, MD 21157
This SBA bank loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
0781 - Landscape Counseling and Planning
NAICS Code
561730 - Landscaping Services
Loan Approval Date
1/28/2004
Loan Approval Gross Amount
$150,000
Loan Approval from the SBA
Of the total $150,000 loan amount, the SBA guaranteed $127,500.
More Information on This SBA Loan
The borrower borrowed this money for an existing 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 8 employees. The SBA loan documents did not indicate that the company planned to use the money to add employees or retain any existing employees.
Getting an SBA Loan For Your Business
Every year, the SBA guarantees over $10 billion for loans just like this one.
This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.
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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