Financing for Florists
Looking for commercial loans for florists? Try the SBA. This $181,000 florists loan was issued by a California bank.
This business knew how to go about getting a business bank loan. Based in El Cajon, California, they applied for and were awarded an SBA-guaranteed loan in 2004. The lending bank was Neighborhood National Bank, based in San Diego, California.
SBA Loan Borrower
COMPANY TYPE: FLORISTS
EL CAJON, CA 92019
SBA Loan Lender
NEIGHBORHOOD NATIONAL BANK
3511 NATIONAL AVE
SAN DIEGO, CA 92113
As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
453110 - Florists
Loan Approval Date
10/13/2004
Loan Approval Gross Amount
$181,000
Loan Approval from the SBA
Of the total $181,000 loan amount, the SBA guaranteed $135,750.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company
had 3 employees. The loan application indicated that the loan would help generate 26 new jobs and retain 3 existing jobs.
Start the Process for Getting an SBA Loan Today!
Many small businesses receive loans backed by the U.S. Small Business Administration.
Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Neighborhood National Bank and they will explain how you can get an SBA loan for your company.
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:
Advice on Getting a Small Business Loan
SBA 7A Lenders in San Diego, California
SBA California Lenders