Loan Census Banking News and Information
May 18, 2024  
 
 
  Business Loan Information  
 

We Needed an SBA Loan in Pittsburgh, Pennsylvania and We Got One!

 

 
Loan Census SBA Loan Info

Landscaping Services Small Business Loans

Looking for small business loans for landscaping services? Try the SBA. This $54,000 landscaping services loan was issued by a Pennsylvania bank.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Pittsburgh, Pennsylvania was able to borrow $54,000 from National City Bank. The SBA made the loan possible by guaranteeing $45,900 of this Pennsylvania small business loan.

SBA Loan Borrower

COMPANY TYPE: ORNAMENTAL SHRUB AND TREE SERVICES
PITTSBURGH, PA 15236

SBA Loan Lender

NATIONAL CITY BANK
801 STATE ST
ERIE, PA 16501

This loan for a small business was issued under the SBA's Certified Lenders Program (CLP), which means that this bank has a successful SBA lending track record and a thorough understanding of SBA policies and procedures.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

0783 - Ornamental Shrub and Tree Services

NAICS Code

561730 - Landscaping Services

Loan Approval Date

4/9/2001

Loan Approval Gross Amount

$54,000

Loan Approval from the SBA

Of the total $54,000 loan amount, the SBA guaranteed $45,900.

More Information on This SBA Loan

The borrower borrowed this money for a new 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 only one employee. The loan application did not indicate that the company planned to use the funding to hire new employees or retain any existing employees.

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

If you need money to start a small business or already have a business and need money to expand, an SBA loan can be a great source of funding.

We can help you find the best banks for small businesses in Pittsburgh or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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 Credit Evaluation

SBA Approved Banks in Erie, Pennsylvania

Pennsylvania SBA Bank Lenders