Business Loans for Nursery and Garden Centers

Looking for business loans for nursery and garden centers? An SBA loan may be just what you've been looking for. This $40,900 nursery and garden centers loan was issued by a Washington bank.

This business received financial assistance through the SBA's lending programs back in 2006. They applied for an SBA loan with Banner Bank, out of Spokane, Washington. The loan was granted and they received $40,900 to help grow their Chewelah, Washington business.

SBA Loan Borrower

COMPANY TYPE: NURSERY AND GARDEN CENTERS
CHEWELAH, WA 99009

SBA Loan Lender

BANNER BANK
N 25 MULLAN
SPOKANE, WA 99206

This lender processed this loan for a small business under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.

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

8/10/2006

Loan Approval Gross Amount

$40,900

Loan Approval from the SBA

Of the total $40,900 loan amount, the SBA guaranteed $20,450.

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 10 employees. The SBA loan application for the borrower indicated that the loan would help generate 2 new jobs and retain 10 existing jobs.

Getting an SBA Loan For Your Business

If you are wondering how to raise money for a business in Chewelah WA, you ought to talk with a local Chewelah SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Chewelah 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 Banner Bank 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.

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