Commercial Loans for Landscaping Services

Looking for commercial loans for landscaping services? An SBA loan may be just what you've been looking for. This $7,500 landscaping services loan was issued by a Texas bank.

Getting a small business loan in Trinity, Texas was important for this business back in 2000 and, based on their loan application, they were successful in getting an SBA loan from First National Bank - Huntsville, operating out of Huntsville, Texas. Here are the details on this Texas small business loan.

SBA Loan Borrower

COMPANY TYPE: LAWN AND GARDEN SERVICES
TRINITY, TX 75862

SBA Loan Lender

FIRST NATIONAL BANK - HUNTSVILLE
1300 11TH ST
HUNTSVILLE, TX 77340

This loan was provided via the SBA's LowDoc (Low Documentation) program. For these loans, the SBA can guarantee up to 80 percent of the loan amount. More importantly, completed applications are processed quickly by the SBA, usually within two or three days, and the required documentation to get a loan is minimal.

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

5/4/2000

Loan Approval Gross Amount

$7,500

Loan Approval from the SBA

Of the total $7,500 loan amount, the SBA guaranteed $6,000.

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 only one employee. This SBA loan request did not indicate that the company promised to use the loan proceeds to add employees or retain any existing employees.

Next Steps for Getting an SBA Loan

The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.

Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like First National Bank - Huntsville that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).

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.

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Small Bank Loans in Huntsville, Texas

SBA Participating Banks in Texas