Loan Census Banking News and Information
May 15, 2024  
 
 
  Business Loan Information  
 

Canandaigua, New York Bank Loan

 

 
Loan Census SBA Loan Info

Landscaping Services Small Business Loans

Looking for small business loans for landscaping services? An SBA loan may be just what you've been looking for. This $190,000 landscaping services loan was issued by a New York bank.

This company knew how to go about getting a business bank loan. Based in Canandaigua, New York, they applied for and were awarded an SBA-guaranteed loan in 2001. The lending bank was Five Star Bank, based in Geneva, New York.

SBA Loan Borrower

COMPANY TYPE: LANDSCAPING SERVICES
CANANDAIGUA, NY 14424

SBA Loan Lender

FIVE STAR BANK
2 SENECA ST
GENEVA, NY 14456

This SBA business loan was granted by an SBA Certified Lenders Program (CLP) lender. CLP lenders perform a complete analysis of the loan application and, in return, SBA provides a rapid loan approval or denial response.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

561730 - Landscaping Services

Loan Approval Date

5/25/2001

Loan Approval Gross Amount

$190,000

Loan Approval from the SBA

Of the total $190,000 loan amount, the SBA guaranteed $142,500.

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 9 employees. The SBA loan application for the borrower did not indicate that the small business planned to use the loan proceeds to add employees or retain any existing employees.

Getting an SBA Loan For Your Business

SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA.

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:

Business Cash Advances

SBA 7A Banks in Geneva, New York

New York SBA Bank Lenders