Raising Money for Landscaping Services
Looking for bank loans for landscaping services? An SBA loan may be just what you've been looking for. This $104,500 landscaping services loan was issued by a North Dakota bank.
This company received financial assistance through the SBA's lending programs back in 2006. They applied for an SBA loan with State Bank & Trust, out of Fargo, North Dakota. The loan was granted and they received $104,500 to help grow their West Fargo, North Dakota business.
SBA Loan Borrower
COMPANY TYPE: LAWN AND GARDEN SERVICES
WEST FARGO, ND 58078
SBA Loan Lender
STATE BANK & TRUST
3100 13TH AVE SW
FARGO, ND 58103
This loan for a small business 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
4/12/2006
Loan Approval Gross Amount
$104,500
Loan Approval from the SBA
Of the total $104,500 loan amount, the SBA guaranteed $88,825.
More Information on This SBA Loan
The borrower borrowed this money for a new 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 only one employee. The loan application did not indicate that the company promised to use the funding to increase staffing levels or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
Many small businesses receive loans backed by the U.S. Small Business Administration.
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 $104,500 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:
Obtaining Funding From a Venture Capitalist
SBA Banks in Fargo, North Dakota
North Dakota SBA Bank Lenders