Loan Census Banking News and Information
May 3, 2024  
 
 
  Business Loan Information  
 

SBA 7A Banks for Cedar Park, Texas Businesses

 

 
Loan Census SBA Loan Info

SBA Loans for Landscaping Services

Looking for SBA loans for landscaping services? The SBA may be the answer. This $253,250 landscaping services loan was issued by a Texas bank.

This small business received financial assistance through the SBA's lending programs back in 2002. They applied for an SBA loan with First State Bank Central Texas, out of Austin, Texas. The loan was granted and they received $253,250 to help grow their Cedar Park, Texas business.

SBA Loan Borrower

COMPANY TYPE: LANDSCAPE COUNSELING AND PLANNING
CEDAR PARK, TX 78613

SBA Loan Lender

FIRST STATE BANK CENTRAL TEXAS
6500 N MOPAC, STE 1101
AUSTIN, TX 78731

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This commercial loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

0781 - Landscape Counseling and Planning

NAICS Code

561730 - Landscaping Services

Loan Approval Date

11/21/2002

Loan Approval Gross Amount

$253,250

Loan Approval from the SBA

Of the total $253,250 loan amount, the SBA guaranteed $189,938.

More Information on This SBA Loan

The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 14 employees. The loan application did not indicate that the business planned to use the loan proceeds to hire new employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

Remember, you apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan.

Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like First State Bank Central Texas and they will explain how you can get an SBA loan for your company.

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:

Accountant's Role in Securing Financing

Find an SBA Lender in Austin, Texas

Where to Get an SBA Loan Texas