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May 18, 2024  
 
 
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New Ulm, Minnesota Bank for SBA Loans

 

 
Loan Census SBA Loan Info

How to Get a Loan for Landscaping Services

Looking for SBA loans for landscaping services? The SBA may be the answer. This $121,900 landscaping services loan was issued by a Pennsylvania bank.

Getting a small business loan in New Ulm, Minnesota was important for this small business back in 2006 and, based on their loan application, they were successful in getting an SBA loan from S & T Bank, operating out of Indiana, Pennsylvania. Here are the details on this Minnesota small business loan.

SBA Loan Borrower

COMPANY TYPE: LANDSCAPING SERVICES
NEW ULM, MN 56073

SBA Loan Lender

S & T BANK
800 PHILADELPHIA ST
INDIANA, PA 15701

The lender provided this commercial loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

561730 - Landscaping Services

Loan Approval Date

5/5/2006

Loan Approval Gross Amount

$121,900

Loan Approval from the SBA

Of the total $121,900 loan amount, the SBA guaranteed $60,950.

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 8 employees. The SBA loan documents indicated that the loan would help retain 8 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

If you are working on finding money to start a business in New Ulm MN, you ought to talk with a local New Ulm SBA lender or talk with an out-of-area SBA lender that has previously loaned money to New Ulm businesses.

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like S & T Bank are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there 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:

Obtaining Funding - How to Borrow Money

Where to Get an SBA Loan in Indiana, Pennsylvania

Browse All Business Loan Sources for Pennsylvania