Financing for Nursery and Garden Centers

Looking for commercial loans for nursery and garden centers? The SBA may be the answer. This $559,300 nursery and garden centers loan was issued by an Iowa bank.

This business knew how to go about getting a business bank loan. Based in Jefferson, Iowa, they applied for and were awarded an SBA-guaranteed loan in 2001. The lending bank was Peoples Trust & Savings Bank, based in Jefferson, Iowa.

SBA Loan Borrower

COMPANY TYPE: FLOWERS, NURSERY STOCK, AND FLORISTS SUPPLIES
JEFFERSON, IA 50129

SBA Loan Lender

PEOPLES TRUST & SAVINGS BANK
116 W STATE ST
JEFFERSON, IA 50129

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5193 - Flowers, Nursery Stock, and Florists Supplies

NAICS Code

444220 - Nursery and Garden Centers

Loan Approval Date

10/1/2001

Loan Approval Gross Amount

$559,300

Loan Approval from the SBA

Of the total $559,300 loan amount, the SBA guaranteed $352,359.

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 12 employees. The SBA loan application for the borrower did not indicate that the SBA funding recipient promised to use the funding to add employees or retain any existing employees.

Getting an SBA Loan For Your Business

SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.

We can help you find the best banks for small businesses in Jefferson 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.

Related Links:

Getting a Small Business Loan

SBA 7A Banks for Jefferson, Iowa Loans

SBA Lenders in Iowa