Raising Money for Landscaping Services
With these bank loans for landscaping services, the SBA guarantees the lender that the loan will be repaid. This landscaping services loan for $225,000 was given to a Florida entrepreneur in 2001.
This small firm knew how to go about getting a business bank loan. Based in Chiefland, Florida, they applied for and were awarded an SBA-guaranteed loan in 2001. The lending bank was Drummond Community Bank, based in Chiefland, Florida.
SBA Loan Borrower
COMPANY TYPE: LANDSCAPING SERVICES
CHIEFLAND, FL 32626
SBA Loan Lender
DRUMMOND COMMUNITY BANK
1627 N YOUNG BLVD
CHIEFLAND, FL 32626
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 SBA loans to to entrepreneurs who might have trouble getting a conventional bank loan.
SBA Loan Program Type
This loan was issued as a general business loan.
561730 - Landscaping Services
Loan Approval Date
Loan Approval Gross Amount
Loan Approval from the SBA
Of the total $225,000 loan amount, the SBA guaranteed $168,750.
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. This SBA loan request did not indicate that the SBA funding recipient promised to use the loan proceeds to increase staffing levels or retain any existing employees.
Getting an SBA Loan For Your Business
If you are wondering how to find money to start a business or already have a business and need money to expand, an SBA loan can be a great funding source
Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Drummond Community Bank and they will explain how you can get an SBA loan for your company.
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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