Commercial Loans for Florists

Looking for commercial loans for florists? Try the SBA. This $65,000 florists loan was issued by an Arkansas bank.

This business knew how to go about getting a business bank loan. Based in Holiday Island, Arkansas, they applied for and were awarded an SBA-guaranteed loan in 2001. The lending bank was 1st National Bank - Berryville, based in Berryville, Arkansas.

SBA Loan Borrower

COMPANY TYPE: FLORISTS
HOLIDAY ISLAND, AR 72631

SBA Loan Lender

1ST NATIONAL BANK - BERRYVILLE
305-307 PUBLIC SQ
BERRYVILLE, AR 72616

This SBA loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

453110 - Florists

Loan Approval Date

7/3/2001

Loan Approval Gross Amount

$65,000

Loan Approval from the SBA

Of the total $65,000 loan amount, the SBA guaranteed $55,250.

More Information on This SBA Loan

The borrower borrowed this money for an existing 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 2 employees. The SBA loan application for the borrower did not indicate that the SBA funding recipient promised to use the money to hire new employees or retain any existing employees.

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

Many small businesses receive loans backed by the U.S. Small Business Administration.

This company got an SBA loan. You can too! Maybe you want money for start up business? Maybe you want money to buy a franchise? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.

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:

Role of Business Plan When Raising Money

SBA 7A Lenders in Berryville, Arkansas

Arkansas SBA Banks