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November 15, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > Carson, Business Loans > Merchants Bank - California Natl Carson Business Loans > Lawn And Garden Services Loan | ||||
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Business Loans for Upland Small Business Owners
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Landscaping Services SBA LoansLooking for SBA loans for landscaping services? The SBA may be the answer. This $120,000 landscaping services loan was issued by a California bank. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Upland, California was able to borrow $120,000 from Merchants Bank - California Natl. The SBA made the loan possible by guaranteeing $90,000 of this California small business loan. SBA Loan Borrower COMPANY TYPE: LAWN AND GARDEN SERVICES SBA Loan Lender MERCHANTS BANK - CALIFORNIA NATL This business 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 0782 - Lawn and Garden Services NAICS Code 561730 - Landscaping Services Loan Approval Date 7/28/2000 Loan Approval Gross Amount $120,000 Loan Approval from the SBA Of the total $120,000 loan amount, the SBA guaranteed $90,000. 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 5 employees. This SBA loan request did not indicate that the business promised to use the loan proceeds to hire new employees or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? If you need money to start a small business or need money to grow a business, an SBA loan can be a great source of funding. 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 $120,000 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. Related Links: Realistic Debt Financing Options Browse All Business Loan Sources for California
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