Small Business Loans for Florists
With these small business loans for florists, the SBA guarantees the lender that the loan will be repaid. This florists loan for $110,000 was given to a Colorado entrepreneur in 2006.
This small firm received financial assistance through the SBA's lending programs back in 2006. They applied for an SBA loan with Home State Bank, out of Loveland, Colorado. The loan was granted and they received $110,000 to help grow their Greeley, Colorado business.
SBA Loan Borrower
COMPANY TYPE: FLORISTS
GREELEY, CO 80634
SBA Loan Lender
HOME STATE BANK
2695 W EISENHOWER BLVD
LOVELAND, CO 80538
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
6/19/2006
Loan Approval Gross Amount
$110,000
Loan Approval from the SBA
Of the total $110,000 loan amount, the SBA guaranteed $93,500.
More Information on This SBA Loan
The borrower borrowed this money for a new business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company
had only one employee. The loan application did not indicate that the SBA funding recipient promised to use the loan proceeds to hire new employees or retain any existing employees.
Next Steps for Getting an SBA Loan
SBA loans provide smart, affordable business financing for small businesses looking to expand.
We can help you find the best banks for small businesses in Greeley or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.
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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