Financing for Florists

With these commercial loans for florists, the SBA guarantees the lender that the loan will be repaid. This florists loan for $30,000 was given to a New Hampshire entrepreneur in 2006.

This small business knew how to go about getting a business bank loan. Based in Fitzwilliam, New Hampshire, they applied for and were awarded an SBA-guaranteed loan in 2006. The lending bank was Connecticut River Bank National As, based in Springfield, Vermont.

SBA Loan Borrower

COMPANY TYPE: FLORISTS
FITZWILLIAM, NH 03447

SBA Loan Lender

CONNECTICUT RIVER BANK NATIONAL AS
270 RIVER ST
SPRINGFIELD, VT 05156

This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

453110 - Florists

Loan Approval Date

1/4/2006

Loan Approval Gross Amount

$30,000

Loan Approval from the SBA

Of the total $30,000 loan amount, the SBA guaranteed $25,500.

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 2 employees. The SBA loan documents indicated that the loan would help generate 2 new jobs and retain 2 existing jobs.

Next Steps for Getting an SBA Loan

SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.

We've showcased information on this loan to let you know that businesses like yours 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.

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