Getting an SBA Loan for Florists

Looking for business loans for florists? Talk to a banker who works with the SBA. This $50,000 florists loan was issued by a California bank.

Getting a small business loan in Coachella, California was important for this business back in 2006 and, based on their loan application, they were successful in getting an SBA loan from Altura Cu, operating out of Riverside, California. Here are the details on this California small business loan.

SBA Loan Borrower

COMPANY TYPE: FLORISTS
COACHELLA, CA 92236

SBA Loan Lender

ALTURA CU
2847 CAMPUS PKWY
RIVERSIDE, CA 92507

This loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.

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

453110 - Florists

Loan Approval Date

2/9/2006

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 an existing business. This loan was not for a franchise. At the time of the loan, the company had 3 employees. The SBA loan documents indicated that the loan would help retain 3 existing jobs.

Getting an SBA Loan For Your Business

Many small businesses receive loans backed by the U.S. Small Business Administration.

Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $50,000 loan. Remember, if it to be, it is up to me!

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:

Financing Your Business

SBA Participating Banks in Riverside, California

SBA Lenders in California