SBA Loans for Landscaping Services
Looking for SBA loans for landscaping services? An SBA loan may be just what you've been looking for. This $25,300 landscaping services loan was issued by a Texas bank.
Crosscutters Lawn & Landscape Service, Inc received financial assistance through the SBA's lending programs back in 2006. They applied for an SBA loan with Jpmorgan Chase Bank, out of Houston, Texas. The loan was granted and they received $25,300 to help grow their Tulsa, Oklahoma business.
SBA Loan Borrower
Crosscutters Lawn & Landscape Service, Inc
6137 W 42nd St
TULSA, OK 74107
SBA Loan Lender
JPMORGAN CHASE BANK
811 RUSK ST., 16TH FL
HOUSTON, TX 77002
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
2/9/2006
Loan Approval Gross Amount
$25,300
Loan Approval from the SBA
Of the total $25,300 loan amount, the SBA guaranteed $12,650.
More Information on This SBA Loan
The borrower, Crosscutters Lawn & Landscape Service, Inc, borrowed this money for a new business. The SBA's record indicate that the loan was not for investment in a franchise. At the time of the loan, the company
had only one employee. The SBA loan documents indicated that the loan would help generate 1 new job. This loan was paid in full, and was closed out on 10/3/2007.
Next Steps for Getting an SBA Loan
SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.
Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like Crosscutters Lawn & Landscape Service, Inc did when it applied for and received this $25,300 loan. Remember, if it to be, it is up to me!
About This SBA Loan Information:
All SBA loan data displayed above comes from the government's SBA loan database.
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