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May 17, 2024  
 
 
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We Needed a Commercial Loan in Mount Vernon, Illinois and We Got One!

 

 
Loan Census SBA Loan Info

Loans for Landscaping Services

Looking for loans for landscaping services? Try the SBA. This $92,118 landscaping services loan was issued by an Indiana bank.

This company received financial assistance through the SBA's lending programs back in 2001. They applied for an SBA loan with Old National Bank, out of Evansville, Indiana. The loan was granted and they received $92,118 to help grow their Mount Vernon, Illinois business.

SBA Loan Borrower

COMPANY TYPE: LAWN AND GARDEN SERVICES
MOUNT VERNON, IL 62864

SBA Loan Lender

OLD NATIONAL BANK
ONE MAIN ST
EVANSVILLE, IN 47708

This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

0782 - Lawn and Garden Services

NAICS Code

561730 - Landscaping Services

Loan Approval Date

2/27/2001

Loan Approval Gross Amount

$92,118

Loan Approval from the SBA

Of the total $92,118 loan amount, the SBA guaranteed $78,300.

More Information on This SBA Loan

The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 2 employees. The SBA loan application for the borrower did not indicate that the small business promised to use the money to increase staffing levels or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.

This SBA loan was for $92,118. How would you spend $92,118 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.

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:

Business Cash Advances

Small Bank Loans in Evansville, Indiana

Indiana SBA 7A Lenders