Loans for Nursery and Garden Centers

Looking for loans for nursery and garden centers? An SBA loan may be just what you've been looking for. This $70,000 nursery and garden centers loan was issued by a Texas bank.

This company received financial assistance through the SBA's lending programs back in 2002. They applied for an SBA loan with First State Bank Of Burnet, out of Burnet, Texas. The loan was granted and they received $70,000 to help grow their Burnet, Texas business.

SBA Loan Borrower

COMPANY TYPE: NURSERY AND GARDEN CENTERS
BURNET, TX 78611

SBA Loan Lender

FIRST STATE BANK OF BURNET
136 E WASHINGTON
BURNET, TX 78611

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.

NAICS Code

444220 - Nursery and Garden Centers

Loan Approval Date

7/15/2002

Loan Approval Gross Amount

$70,000

Loan Approval from the SBA

Of the total $70,000 loan amount, the SBA guaranteed $59,500.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 2 employees. The SBA loan application for the borrower did not indicate that the SBA funding recipient planned to use the funding to add employees or retain any existing employees.

Getting an SBA Loan For Your Business

SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.

Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

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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