Raising Money for Flower, Nursery Stock, and Florists' Supplies Wholesalers

Looking for business loans for flower, nursery stock, and florists' supplies wholesalers? The SBA may be the answer. This $416,000 flower, nursery stock, and florists' supplies wholesalers loan was issued by a Texas bank.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Cumming, Georgia was able to borrow $416,000 from Comerica Bank. The SBA made the loan possible by guaranteeing $312,000 of this Georgia small business loan.

SBA Loan Borrower

COMPANY TYPE: FLOWERS, NURSERY STOCK, AND FLORISTS SUPPLIES
CUMMING, GA 30040

SBA Loan Lender

COMERICA BANK
1717 MAIN
DALLAS, TX 75201

This lender issued this SBA loan under the SBA's 7(a) guaranteed loan program, in which the SBA provides guaranteed loans to small business owners. This lending program dates back to 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5193 - Flowers, Nursery Stock, and Florists Supplies

NAICS Code

422930 - Flower, Nursery Stock, and Florists' Supplies Wholesalers

Loan Approval Date

8/30/2000

Loan Approval Gross Amount

$416,000

Loan Approval from the SBA

Of the total $416,000 loan amount, the SBA guaranteed $312,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing 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 11 employees. This SBA loan request did not indicate that the company promised to use the loan proceeds to add employees or retain any existing employees.

Next Steps for Getting an SBA Loan

Every year, the SBA guarantees over $10 billion for loans just like this one.

While you may be able to find business people willing to loan money, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan.

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:

How to Raise Money

SBA 7A Lenders in Dallas, Texas

SBA Texas Banks