Gladstone Landscaping Inc
Gladstone Landscaping Inc is located in Holliston, MA, and the SBA lists its industry as Landscaping Services. It was approved for an SBA 7(a) loan of $3,485,500 for a change of ownership on March 13, 2025.
SBA 7(a) loan, change of ownership, approved Mar 13, 2025
- Gross approval
- $3,485,500
- SBA-guaranteed amount
- $2,614,125 (75% of the approval)
- Lender
- Leader Bank, National Association, Arlington, MA
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9.75%, variable
- Term
- 15 years (180 months)
- Estimated maturity
- March 13, 2040 (estimated, approval date plus term)
- Estimated monthly payment
- $36,924 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Mar 26, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 81
- Business type
- Corporation
- NAICS
- 561730, Landscaping Services
- Project location
- Middlesex County, MA
- SBA district office
- Massachusetts District Office
- Congressional district
- MA-04
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 92% of acquisition loans in Landscaping Services on this site.
- Average acquisition loan in Landscaping Services: $1,520,772.
- Average acquisition loan in Massachusetts: $1,643,977.
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 Massachusetts
- Valley Green Landscaping Inc., Westford
- DSBL Inc., Gloucester
- Plantwerks LLC, Newburyport
- Foulsham Corp., Whitman
- The Pessini Landscape Group, Inc., South Dennis
- Amherst Nurseries LLC, Hadley
- Evergreen Acquisitions LLC, Lincoln
- Omasta Landscaping, Inc., Hatfield