Reno, Nevada Bank Lends Money to Landscaping Services Company in Reno, Nevada
Thinking about meeting with a Reno, Nevada bank about a small business loan? Here's one Nevada business loan, issued by a Reno bank, that was approved by the SBA.
Applying for an SBA loan with Heritage Bank Of Nevada worked out well for our friends at one local firm in Reno, Nevada. The business was able to get an SBA loan for $375,000. Sweet!
SBA Loan Borrower
COMPANY TYPE: LANDSCAPING SERVICES
RENO, NV 89511
SBA Loan Lender
HERITAGE BANK OF NEVADA
1401 S VIRGINIA ST
RENO, NV 89502
The issuing bank for this loan is an SBA 7A lender. The name comes from section 7(a) of the Small Business Act, which authorizes the Agency to provide small business loans to American small businesses.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
561730 - Landscaping Services
Loan Approval Date
2/21/2002
Loan Approval Gross Amount
$375,000
Loan Approval from the SBA
Of the total $375,000 loan amount, the SBA guaranteed $281,250.
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 25 employees. This SBA loan request did not indicate that the business planned to use the funding to add employees or retain any existing employees.
Great, But How Can I Get an SBA Loan for My Business?
SBA loans provide smart, affordable business financing for small businesses looking to expand.
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.
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