Loans for Florists

With these loans for florists, the SBA guarantees the lender that the loan will be repaid. This florists loan for $60,000 was given to a Texas entrepreneur in 2000.

Getting a small business loan in Crane, Texas was important for this company back in 2000 and, based on their loan application, they were successful in getting an SBA loan from Security State Bank, operating out of Crane, Texas. Here are the details on this Texas small business loan.

SBA Loan Borrower

COMPANY TYPE: FLORISTS
CRANE, TX 79731

SBA Loan Lender

SECURITY STATE BANK
211 GASTON
CRANE, TX 79731

This lender issued this particular SBA small business loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5992 - Florists

NAICS Code

453110 - Florists

Loan Approval Date

9/13/2000

Loan Approval Gross Amount

$60,000

Loan Approval from the SBA

Of the total $60,000 loan amount, the SBA guaranteed $48,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 3 employees. This SBA loan request did not indicate that the SBA funding recipient promised to use the money to add employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

If you are interested in getting money to start a business or need money for an existing business, an SBA loan can be a great source of funding.

The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. Security State Bank had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, Security State Bank made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers.

The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail.

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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