Getting an SBA Loan for Landscaping Services

Looking for SBA loans for landscaping services? Talk to a banker who works with the SBA. This $356,000 landscaping services loan was issued by a California bank.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in San Jose, California was able to borrow $356,000 from Wells Fargo Bank. The SBA made the loan possible by guaranteeing $267,000 of this California small business loan.

SBA Loan Borrower

COMPANY TYPE: LANDSCAPING SERVICES
SAN JOSE, CA 95112

SBA Loan Lender

WELLS FARGO BANK
121 PARK CENTER PLZ
SAN JOSE, CA 95113

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

9/29/2003

Loan Approval Gross Amount

$356,000

Loan Approval from the SBA

Of the total $356,000 loan amount, the SBA guaranteed $267,000.

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 97 employees. This SBA loan request indicated that the loan would help generate 17 new jobs and retain 97 existing jobs.

Next Steps for Getting an SBA Loan

SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA.

While you may be able to find other ways to get money to start a business, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications 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.

Related Links:

Getting a Small Business Loan

Small Bank Loans in San Jose, California

Where to Get an SBA Loan California