Greenlife Gardens, LLC
Greenlife Gardens, LLC is a landscaping services business in Papillion, NE, classified under NAICS 561730 (Landscaping Services). The company was financed with an SBA 7(a) loan for a change of ownership of $3.1 million, approved on January 16, 2025, by Associated Bank National Association, with 42 jobs reported.
SBA 7(a) loan, change of ownership, approved Jan 16, 2025
$3,100,000 approvedLender: Associated Bank National Association10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $3,100,000
- SBA-guaranteed amount
- $2,325,000 (75% of the approval)
- Lender
- Associated Bank National Association, Green Bay, WI
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 7.25%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- January 16, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $36,394 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jan 23, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 42
- Business type
- Corporation
- NAICS
- 561730, Landscaping Services
- Project location
- Sarpy County, NE
- SBA district office
- Nebraska District Office
- Congressional district
- NE-01
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 91% of acquisition loans in Landscaping Services on this site.
- Average acquisition loan in Landscaping Services: $1,520,772.
- Average acquisition loan in Nebraska: $1,711,589.
Loan amounts are the SBA approval, not a purchase price. Figures labeled estimated are derived on this site and are not published by the SBA.
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