Landscaping Services Commercial Loans
Looking for commercial loans for landscaping services? An SBA loan may be just what you've been looking for. This $76,000 landscaping services loan was issued by an Indiana bank.
This small business received financial assistance through the SBA's lending programs back in 2006. They applied for an SBA loan with National City Bank, out of Indianapolis, Indiana. The loan was granted and they received $76,000 to help grow their Waynetown, Indiana business.
SBA Loan Borrower
COMPANY TYPE: LANDSCAPING SERVICES
Waynetown, IN 47990
SBA Loan Lender
NATIONAL CITY BANK
101 W WASHINGTON ST # 100 E
INDIANAPOLIS, IN 46255
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
561730 - Landscaping Services
Loan Approval Date
6/6/2006
Loan Approval Gross Amount
$76,000
Loan Approval from the SBA
Of the total $76,000 loan amount, the SBA guaranteed $38,000.
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 2 employees. The SBA loan documents indicated that the loan would help generate 1 new job and retain 2 existing jobs.
Next Steps for Getting an SBA Loan
If you need money to start a small business or need money for an existing business, an SBA loan can be a great way to raise money
This SBA loan was for $76,000. How would you spend $76,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.
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 - Getting Venture Capital
Banks in Indianapolis, Indiana
SBA Lenders in Indiana