SBA Loans for Nursery and Garden Centers

Looking for SBA loans for nursery and garden centers? Talk to a banker who works with the SBA. This $50,000 nursery and garden centers loan was issued by a Texas bank.

This business knew how to go about getting a business bank loan. Based in Bastrop, Texas, they applied for and were awarded an SBA-guaranteed loan in 2007. The lending bank was United San Antonio Commun Fcu, based in San Antonio, Texas.

SBA Loan Borrower

COMPANY TYPE: NURSERY AND GARDEN CENTERS
BASTROP, TX 78602

SBA Loan Lender

UNITED SAN ANTONIO COMMUN FCU
5500 UTSA BLVD
SAN ANTONIO, TX 78249

This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000.

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

444220 - Nursery and Garden Centers

Loan Approval Date

12/27/2007

Loan Approval Gross Amount

$50,000

Loan Approval from the SBA

Of the total $50,000 loan amount, the SBA guaranteed $25,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 5 employees. The SBA loan application for the borrower indicated that the loan would help retain 5 existing jobs.

Next Steps for Getting an SBA Loan

If you need money to start a small business or already have a business and need money to expand, an SBA loan can be a great funding source

Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like United San Antonio Commun Fcu that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).

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:

Getting a Small Business Loan

SBA Approved Banks in San Antonio, Texas

Find an SBA Lender in Texas