Loan Census Banking News and Information
May 3, 2024  
 
 
  Business Loan Information  
 

SBA Lender Southbury Connecticut

 

 
Loan Census SBA Loan Info

Where to Get Capital for Landscaping Services

Looking for small business loans for landscaping services? Talk to a banker who works with the SBA. This $75,000 landscaping services loan was issued by a Connecticut bank.

This company received financial assistance through the SBA's lending programs back in 2001. They applied for an SBA loan with People's United Bank, out of Bridgeport, Connecticut. The loan was granted and they received $75,000 to help grow their Southbury, Connecticut business.

SBA Loan Borrower

COMPANY TYPE: LAWN AND GARDEN SERVICES
SOUTHBURY, CT 06488

SBA Loan Lender

PEOPLE'S UNITED BANK
850 MAIN ST
BRIDGEPORT, CT 06604

This lender issued this particular business loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.

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

1/23/2001

Loan Approval Gross Amount

$75,000

Loan Approval from the SBA

Of the total $75,000 loan amount, the SBA guaranteed $63,750.

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 2 employees. The SBA loan application for the borrower did not indicate that the small business promised to use the loan proceeds to add employees or retain any existing employees.

Getting an SBA Loan For Your Business

Every year, the SBA guarantees over $10 billion for loans just like this one.

This SBA loan was for $75,000. How would you spend $75,000 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:

Raising Venture Capital

SBA 7A Banks for Bridgeport, Connecticut Loans

Getting an SBA Loan in Connecticut