Florists Bank Loans

With these bank loans for florists, the SBA guarantees the lender that the loan will be repaid. This florists loan for $20,000 was given to a California entrepreneur in 2005.

Getting a small business loan in Arroyo Grande, California was important for this growing firm back in 2005 and, based on their loan application, they were successful in getting an SBA loan from Rabobank, National Association, operating out of Arroyo Grande, California. Here are the details on this California small business loan.

SBA Loan Borrower

COMPANY TYPE: FLORISTS
Arroyo Grande, CA 93420

SBA Loan Lender

RABOBANK, NATIONAL ASSOCIATION
1026 E GRAND AVE
ARROYO GRANDE, CA 93420

This commercial loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.

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

453110 - Florists

Loan Approval Date

12/16/2005

Loan Approval Gross Amount

$20,000

Loan Approval from the SBA

Of the total $20,000 loan amount, the SBA guaranteed $10,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 4 employees. The loan application indicated that the loan would help retain 4 existing jobs.

Getting an SBA Loan For Your Business

If you are working on finding money to start a business in Arroyo Grande CA, you ought to talk with a local Arroyo Grande SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Arroyo Grande businesses.

SBA loan guarantees are not loans per se. The SBA simply guarantees the loan, but banks and other lending institutions grant you the loan and give you the money. So, just as this company walked into Rabobank, National Association and applied for an SBA loan, you have to do the same thing. You need to demonstrate business strength and potential, but the sooner you start, the faster you'll get the money if you qualify!

About This SBA Loan Information:

All SBA loan data displayed above comes from the government's publicly available SBA loan database. Information on this page is provided by the Gaebler.com news organization to inform business owners, aspiring entrepreneurs and others about SBA loan activity. LoanCensus.com does not assist businesses with obtaining SBA loans and was not involved in any way with this transaction. For additional information, see our Loan Information FAQ.

Related Links:

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Where to Get an SBA Loan in Arroyo Grande, California

SBA Lenders in California