Floriculture Production Commercial Loans

Looking for commercial loans for floriculture production? Talk to a banker who works with the SBA. This $626,000 floriculture production loan was issued by a Georgia bank.

Getting a small business loan in Dublin, Georgia was important for this business back in 2002 and, based on their loan application, they were successful in getting an SBA loan from Farmers & Merchants Bank, operating out of Dublin, Georgia. Here are the details on this Georgia small business loan.

SBA Loan Borrower

COMPANY TYPE: FLORICULTURE PRODUCTION
DUBLIN, GA 31021

SBA Loan Lender

FARMERS & MERCHANTS BANK
600 BELLEVUE AVE
DUBLIN, GA 31021

This loan for a small business was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

111422 - Floriculture Production

Loan Approval Date

2/7/2002

Loan Approval Gross Amount

$626,000

Loan Approval from the SBA

Of the total $626,000 loan amount, the SBA guaranteed $469,500.

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 10 employees. The loan application did not indicate that the SBA funding recipient promised to use the funding to increase staffing levels or retain any existing employees.

Getting an SBA Loan For Your Business

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

Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Farmers & Merchants Bank that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).

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:

Business Credit Evaluation

Find an SBA Lender in Dublin, Georgia

Where to Get an SBA Loan Georgia