Raising Money for Nursery and Garden Centers
Looking for bank loans for nursery and garden centers? Try the SBA. This $75,200 nursery and garden centers loan was issued by an Idaho bank.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Boise, Idaho was able to borrow $75,200 from Bank Of The Cascades. The SBA made the loan possible by guaranteeing $60,160 of this Idaho small business loan.
SBA Loan Borrower
COMPANY TYPE: FARM AND GARDEN MACHINERY AND EQUIPMENT
BOISE, ID 83706
SBA Loan Lender
BANK OF THE CASCADES
4128 ADAMS ST
BOISE, ID 83174
This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
5083 - Farm and Garden Machinery and Equipment
NAICS Code
444220 - Nursery and Garden Centers
Loan Approval Date
10/3/2000
Loan Approval Gross Amount
$75,200
Loan Approval from the SBA
Of the total $75,200 loan amount, the SBA guaranteed $60,160.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had 2 employees. The loan application did not indicate that the small business planned to use the money to add employees or retain any existing employees.
Next Steps for Getting an SBA Loan
SBA loans provide smart, affordable business financing for small businesses looking to expand.
The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Bank Of The Cascades are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for you.
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:
The Friends and Family Network
SBA 7A Banks in Boise, Idaho
SBA Lenders in Idaho