Loan Census Banking News and Information
April 20, 2024  
 
 
  Business Loan Information  
 

Mission Community Bank SBA 7A Loans

 

 
Loan Census SBA Loan Info

Getting an SBA Loan for Landscaping Services

Looking for commercial loans for landscaping services? Try the SBA. This $65,000 landscaping services loan was issued by a California bank.

This small business received financial assistance through the SBA's lending programs back in 2001. They applied for an SBA loan with Mission Community Bank, out of San Luis Obispo, California. The loan was granted and they received $65,000 to help grow their San Luis Obispo, California business.

SBA Loan Borrower

COMPANY TYPE: LANDSCAPING SERVICES
SAN LUIS OBISPO, CA 93451

SBA Loan Lender

MISSION COMMUNITY BANK
581 HIGUERA ST
SAN LUIS OBISPO, CA 93401

As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

561730 - Landscaping Services

Loan Approval Date

4/19/2001

Loan Approval Gross Amount

$65,000

Loan Approval from the SBA

Of the total $65,000 loan amount, the SBA guaranteed $55,250.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 3 employees. The loan application indicated that the loan would help retain 3 existing jobs.

Getting an SBA Loan For Your Business

Every year, the SBA guarantees over $10 billion for loans just like this one.

This company got an SBA loan. You can too! Maybe you want money for start up business? Maybe you need money to buy a business? 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:

How Equity Dilution Works

SBA Banks in San Luis Obispo, California

SBA California Banks