Glenview, IL Entrepreneur Gets SBA Loan to Buy Kabloom Franchise

Need money to purchase a Kabloom franchise? Comerica Bank has a history of making these loans and they are guaranteed by the SBA.

An entrepreneur in Glenview, Illinois needed money to invest in a Kabloom franchise back in 2003. Comerica Bank issued an SBA franchise loan. Here are the details on this Illinois small business loan.

SBA Loan Borrower

BAUER'S FLOWERS LTD
GLENVIEW, IL 60025

SBA Loan Lender

COMERICA BANK
1717 MAIN
DALLAS, TX 75201

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

12/22/2003

Loan Approval Gross Amount

$157,000

Loan Approval from the SBA

Of the total $157,000 loan amount, the SBA guaranteed $117,750.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Kabloom franchise. At the time of the loan, the company had 2 employees. The SBA loan application for the borrower indicated that the loan would help generate 4 new jobs and retain 6 existing jobs.

Next Steps for Getting an SBA Loan

If you want money for new small business in Glenview IL, you ought to talk with a local Glenview SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Glenview businesses.

If you need to find money for a business, the SBA has special programs for you. We've put a spotlight on this loan from Comerica Bank so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.

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:

KaBloom Florists

Business Line of Credit

Small Bank Loans in Dallas, Texas

SBA Texas Banks