Get an SBA Loan for Nursery and Tree Production
With these bank loans for nursery and tree production, the SBA guarantees the lender that the loan will be repaid. This nursery and tree production loan for $274,600 was given to a Texas entrepreneur in 2005.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Bulverde, Texas was able to borrow $274,600 from Security Service Fcu. The SBA made the loan possible by guaranteeing $205,950 of this Texas small business loan.
SBA Loan Borrower
COMPANY TYPE: ORNAMENTAL FLORICULTURE NURSERY PRODUCTS
BULVERDE, TX 78163
SBA Loan Lender
SECURITY SERVICE FCU
16211 LA CANTERA PKWY
SAN ANTONIO, TX 78256
The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide SBA small business loans to to our country's hard-working small business owners.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
0181 - Ornamental Floriculture Nursery Products
NAICS Code
111421 - Nursery and Tree Production
Loan Approval Date
3/9/2005
Loan Approval Gross Amount
$274,600
Loan Approval from the SBA
Of the total $274,600 loan amount, the SBA guaranteed $205,950.
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 15 employees. The loan application did not indicate that the company planned to use the loan proceeds to hire new employees or retain any existing employees.
Great, But How Can I Get an SBA Loan for My Business?
SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.
This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.
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.
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