Raising Money for Florists

With these business loans for florists, the SBA guarantees the lender that the loan will be repaid. This florists loan for $205,000 was given to an Oregon entrepreneur in 2007.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Grants Pass, Oregon was able to borrow $205,000 from Premier Valley Bank. The SBA made the loan possible by guaranteeing $153,750 of this Oregon small business loan.

SBA Loan Borrower

COMPANY TYPE: FLORISTS
GRANTS PASS, OR 97526

SBA Loan Lender

PREMIER VALLEY BANK
8355 N FRESNO ST, STE 180
FRESNO, CA 93720

This lender provides SBA bank loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

453110 - Florists

Loan Approval Date

8/9/2007

Loan Approval Gross Amount

$205,000

Loan Approval from the SBA

Of the total $205,000 loan amount, the SBA guaranteed $153,750.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 2 employees. The SBA loan documents indicated that the loan would help retain 2 existing jobs.

Getting an SBA Loan For Your Business

If you are raising money in Grants Pass OR, you ought to talk with a local Grants Pass SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Grants Pass 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 Premier Valley Bank 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.

Related Links:

Getting a Small Business Loan

Good Banks for Small Business in Fresno, California

Where to Get an SBA Loan California