Where to Get Capital for Landscaping Services

Looking for SBA loans for landscaping services? Try the SBA. This $190,000 landscaping services loan was issued by a Minnesota bank.

This business knew how to go about getting a business bank loan. Based in Mapleton, Minnesota, they applied for and were awarded an SBA-guaranteed loan in 2001. The lending bank was St. Clair State Bank, based in Saint Clair, Minnesota.

SBA Loan Borrower

COMPANY TYPE: LAWN AND GARDEN SERVICES
MAPLETON, MN 56065

SBA Loan Lender

ST. CLAIR STATE BANK
MAIN ST
SAINT CLAIR, MN 56080

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

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

4/26/2001

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. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 23 employees. The SBA loan application for the borrower did not indicate that the SBA funding recipient planned to use the funding to hire new employees or retain any existing employees.

Getting an SBA Loan For Your Business

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

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 St. Clair State Bank 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:

Equity Financing

SBA Approved Banks in Saint Clair, Minnesota

Find an SBA Lender in Minnesota