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May 12, 2024 |
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| Home > Small Business Lenders by State > Minnesota Business Loan Sources > Norwood Young America, Business Loans > Kleinbank Norwood Young America Business Loans > Landscaping Services Loan | ||||
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I Need a Loan in Norwood, Minnesota
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Landscaping Services SBA LoansLooking for SBA loans for landscaping services? The SBA may be the answer. This $216,000 landscaping services loan was issued by a Minnesota bank. This business knew how to go about getting a business bank loan. Based in Norwood, Minnesota, they applied for and were awarded an SBA-guaranteed loan in 2002. The lending bank was Kleinbank, based in Norwood Young America, Minnesota. SBA Loan Borrower COMPANY TYPE: LANDSCAPING SERVICES SBA Loan Lender KLEINBANK This lender provides SBA guaranteed bank loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 561730 - Landscaping Services Loan Approval Date 11/13/2002 Loan Approval Gross Amount $216,000 Loan Approval from the SBA Of the total $216,000 loan amount, the SBA guaranteed $162,000. 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 6 employees. The loan application indicated that the loan would help generate 12 new jobs and retain 6 existing jobs. Next Steps for Getting an SBA Loan 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. This company got an SBA loan. You can too! Maybe you need seed money for a small business? Maybe you want money to buy a franchise? Regardless of why you need money, guaranteed SBA loans may be the right answer for you. 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: SBA Participating Banks in Norwood Young America, Minnesota Find an SBA Lender in Minnesota
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