Lakewood, CO Entrepreneur Gets SBA Loan to Buy Flowerama Franchise

Need a loan to purchase a Flowerama franchise? Guaranty Bank & Trust has a history of making these loans and they are guaranteed by the SBA.

If you live near Lakewood, Colorado and are interested in buying a Flowerama franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2000 by Guaranty Bank & Trust. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase.

SBA Loan Borrower

FLOWERAMA #169, INC.
LAKEWOOD, CO 80232

SBA Loan Lender

GUARANTY BANK & TRUST
1331 17TH ST
DENVER, CO 80202

The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide loans to to entrepreneurs who might have trouble getting a conventional bank loan.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5992 - Florists

NAICS Code

453110 - Florists

Loan Approval Date

8/31/2000

Loan Approval Gross Amount

$246,400

Loan Approval from the SBA

Of the total $246,400 loan amount, the SBA guaranteed $184,800.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Flowerama franchise. At the time of the loan, the company had 12 employees. The loan application did not indicate that the business planned to use the funding to increase staffing levels or retain any existing employees.

Getting an SBA Loan For Your Business

SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.

We can help you find the best banks for small businesses in Lakewood 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:

Flowerama of America, Inc.

Startup Funding Tip

SBA 7A Banks in Denver, Colorado

Colorado SBA 7A Banks