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May 3, 2024  
 
 
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Ups Capital Business Credit Small Business Loan

 

 
Loan Census SBA Loan Info

Landscaping Services Loans

Looking for loans for landscaping services? The SBA may be the answer. This $1,533,000 landscaping services loan was issued by a Connecticut bank.

This small firm received financial assistance through the SBA's lending programs back in 2007. They applied for an SBA loan with Ups Capital Business Credit, out of Windsor, Connecticut. The loan was granted and they received $1,533,000 to help grow their Oviedo, Florida business.

SBA Loan Borrower

COMPANY TYPE: LANDSCAPING SERVICES
OVIEDO, FL 32765

SBA Loan Lender

UPS CAPITAL BUSINESS CREDIT
425 DAY HILL RD
WINDSOR, CT 06095

This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

561730 - Landscaping Services

Loan Approval Date

5/25/2007

Loan Approval Gross Amount

$1,533,000

Loan Approval from the SBA

Of the total $1,533,000 loan amount, the SBA guaranteed $1,149,750.

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 18 employees. The SBA loan documents indicated that the loan would help generate 5 new jobs and retain 18 existing jobs.

Next Steps for Getting an SBA Loan

Don't apply for a loan directly with the SBA. You need to 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.

If you need emergency money for small businesses, the SBA has special programs for you. We've put a spotlight on this loan from Ups Capital Business Credit so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.

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:

Dealing With Venture Capitalists

SBA Approved Banks in Windsor, Connecticut

Connecticut SBA 7A Lenders