Loans for Florists
With these loans for florists, the SBA guarantees the lender that the loan will be repaid. This florists loan for $65,859 was given to a Kansas entrepreneur in 2002.
This small firm knew how to go about getting a business bank loan. Based in Kansas City, Kansas, they applied for and were awarded an SBA-guaranteed loan in 2002. The lending bank was Premier Bank, based in Lenexa, Kansas.
SBA Loan Borrower
COMPANY TYPE: FLORISTS
KANSAS CITY, KS 66106
SBA Loan Lender
PREMIER BANK
15301 W 87TH ST PARKWAY
LENEXA, KS 66219
This lender issued this bank loan under the SBA's 7A loan, in which the SBA provides guaranteed loans to small business owners. This lending program began in 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
5992 - Florists
NAICS Code
453110 - Florists
Loan Approval Date
5/29/2002
Loan Approval Gross Amount
$65,859
Loan Approval from the SBA
Of the total $65,859 loan amount, the SBA guaranteed $55,980.
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 15 employees. The SBA loan application for the borrower did not indicate that the business promised to use the money to add employees or retain any existing employees.
Getting an SBA Loan For Your Business
SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory.
This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.
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:
Alternative Financing
SBA 7A Lenders in Lenexa, Kansas
Find an SBA Lender in Kansas