Landscaping Services Loans
With these loans for landscaping services, the SBA guarantees the lender that the loan will be repaid. This landscaping services loan for $41,000 was given to a Wisconsin entrepreneur in 2003.
This company received financial assistance through the SBA's lending programs back in 2003. They applied for an SBA loan with Town Bank, out of Hartland, Wisconsin. The loan was granted and they received $41,000 to help grow their Waukesha, Wisconsin business.
SBA Loan Borrower
COMPANY TYPE: ORNAMENTAL SHRUB AND TREE SERVICES
WAUKESHA, WI 53188
SBA Loan Lender
TOWN BANK
850 W NORTH SHORE DR
HARTLAND, WI 53029
This lender issued this particular bank loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
0783 - Ornamental Shrub and Tree Services
NAICS Code
561730 - Landscaping Services
Loan Approval Date
1/10/2003
Loan Approval Gross Amount
$41,000
Loan Approval from the SBA
Of the total $41,000 loan amount, the SBA guaranteed $34,850.
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 5 employees. The SBA loan documents did not indicate that the SBA funding recipient planned to use the money to hire new employees or retain any existing employees.
Next Steps for Getting an SBA Loan
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.
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:
Advice on Getting a Small Business Loan
Small Business Banks in Hartland, Wisconsin
Wisconsin SBA Banks