Artistree Landscaping & Tree Service L.L.C.
Artistree Landscaping & Tree Service L.L.C. is a landscaping services business in Meridian, Idaho, classified under NAICS 561730. The company was financed with an SBA 7(a) loan for a change of ownership of $630,000, approved on May 1, 2024, through Zions Bancorporation, National Association.
SBA 7(a) loan, change of ownership, approved May 1, 2024
$630,000 approvedLender: Zions Bancorporation, National Association10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $630,000
- SBA-guaranteed amount
- $472,500 (75% of the approval)
- Lender
- Zions Bancorporation, National Association, Salt Lake City, UT
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 8.5%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- May 1, 2034 (estimated, approval date plus term)
- Estimated monthly payment
- $7,811 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- May 3, 2024
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 12
- Business type
- Corporation
- NAICS
- 561730, Landscaping Services
- Project location
- Ada County, ID
- SBA district office
- Boise District Office
- Congressional district
- ID-01
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 12% of acquisition loans in Landscaping Services on this site.
- Average acquisition loan in Landscaping Services: $1,520,772.
- Average acquisition loan in Idaho: $1,527,113.
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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Same industry in Idaho
- All Seasons Acquisitions Inc., Bellevue
- St. George Lawn Care LLC, Meridian