Landscape Architectural Services Loans
With these loans for landscape architectural services, the SBA guarantees the lender that the loan will be repaid. This landscape architectural services loan for $20,000 was given to a Massachusetts entrepreneur in 2007.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in West Tisbury, Massachusetts was able to borrow $20,000 from Sovereign Bank. The SBA made the loan possible by guaranteeing $10,000 of this Massachusetts small business loan.
SBA Loan Borrower
COMPANY TYPE: LANDSCAPE ARCHITECTURAL SERVICES
WEST TISBURY, MA 02575
SBA Loan Lender
SOVEREIGN BANK
2 ALDWYN LN
VILLANOVA, PA 19085
This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000.
SBA Loan Program Type
This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.
NAICS Code
541320 - Landscape Architectural Services
Loan Approval Date
2/9/2007
Loan Approval Gross Amount
$20,000
Loan Approval from the SBA
Of the total $20,000 loan amount, the SBA guaranteed $10,000.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company
had 2 employees. The SBA loan documents indicated that the loan would help retain 2 existing jobs.
Start the Process for Getting an SBA Loan Today!
SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.
While you may be able to find other ways to get money to start a business, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications 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:
Equity Financing
Banks in Villanova, Pennsylvania
Where to Get an SBA Loan Pennsylvania