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May 1, 2024 |
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| Home > Small Business Lenders by State > New York Business Loan Sources > New York, Business Loans > Grow America Fund Inc New York Business Loans > Landscaping Services Loan | ||||
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We Needed an SBA Loan in Ocean Beach, New York and We Got One!
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Landscaping Services Small Business LoansWith these small business loans for landscaping services, the SBA guarantees the lender that the loan will be repaid. This landscaping services loan for $90,000 was given to a New York entrepreneur in 2005. This company knew how to go about getting a business bank loan. Based in Ocean Beach, New York, they applied for and were awarded an SBA-guaranteed loan in 2005. The lending bank was Grow America Fund Inc, based in New York, New York. SBA Loan Borrower COMPANY TYPE: LANDSCAPING SERVICES SBA Loan Lender GROW AMERICA FUND INC 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 8/24/2005 Loan Approval Gross Amount $90,000 Loan Approval from the SBA Of the total $90,000 loan amount, the SBA guaranteed $76,500. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 2 employees. The loan application indicated that the loan would help generate 2 new jobs and retain 2 existing jobs. Next Steps for Getting an SBA Loan SBA loans provide money to small business owners for working capital for other expenses. We've showcased information on this loan to let you know that businesses like yours 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: Who Lends Money to Small Businesses in New York, New York
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