Lap Lawncare, LLC
Lap Lawncare, LLC is a landscaping services business located in Omaha, Nebraska, classified under NAICS code 561730 (Landscaping Services). The company was financed with an SBA 7(a) loan for a change of ownership of $603,000, approved through The Huntington National Bank on August 27, 2026, with 7 jobs reported.
SBA 7(a) loan, change of ownership, approved Aug 27, 2026
$603,000 approvedLender: The Huntington National Bank10 years termCommitted, not fully disbursedLoan details
- Gross approval
- $603,000
- SBA-guaranteed amount
- $452,250 (75% of the approval)
- Lender
- The Huntington National Bank, Columbus, OH
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 8.75%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- August 27, 2036 (estimated, approval date plus term)
- Estimated monthly payment
- $7,557 Estimated payment at the initial rate over the full term; actual terms vary.
- Loan status
- Committed, not fully disbursed
- Jobs supported
- 7
- Business type
- Corporation
- NAICS
- 561730, Landscaping Services
- Project location
- Douglas 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 9% 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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