Bank Loans for Florists

Looking for bank loans for florists? Try the SBA. This $15,100 florists loan was issued by an Oklahoma bank.

This company knew how to go about getting a business bank loan. Based in Fairview, Oklahoma, they applied for and were awarded an SBA-guaranteed loan in 2006. The lending bank was The Bank Of Kremlin, based in Kremlin, Oklahoma.

SBA Loan Borrower

COMPANY TYPE: FLORISTS
FAIRVIEW, OK 73737

SBA Loan Lender

THE BANK OF KREMLIN
102 SIXTH ST
KREMLIN, OK 73753

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This small business loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

453110 - Florists

Loan Approval Date

9/6/2006

Loan Approval Gross Amount

$15,100

Loan Approval from the SBA

Of the total $15,100 loan amount, the SBA guaranteed $12,835.

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 application for the borrower indicated that the loan would help retain 3 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

If you need money to start business in Fairview OK, you ought to talk with a local Fairview SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Fairview businesses.

SBA loan guarantees are not loans per se. The SBA simply guarantees the loan, but banks and other lending institutions grant you the loan and give you the money. So, just as this company walked into The Bank Of Kremlin and applied for an SBA loan, you have to do the same thing. You need to demonstrate business strength and potential, but the sooner you start, the faster you'll get the money if you qualify!

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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Where to Get an SBA Loan in Kremlin, Oklahoma

Where to Get an SBA Loan Oklahoma