Nursery and Garden Centers Small Business Loans
Looking for small business loans for nursery and garden centers? An SBA loan may be just what you've been looking for. This $70,000 nursery and garden centers loan was issued by a Missouri bank.
This small firm received financial assistance through the SBA's lending programs back in 2005. They applied for an SBA loan with Liberty Bank, out of Springfield, Missouri. The loan was granted and they received $70,000 to help grow their Lockwood, Missouri business.
SBA Loan Borrower
COMPANY TYPE: NURSERY AND GARDEN CENTERS
LOCKWOOD, MO 65682
SBA Loan Lender
LIBERTY BANK
1414 E PRIMROSE
SPRINGFIELD, MO 65804
The issuing bank for this loan is an SBA 7A lender. The name comes from section 7(a) of the Small Business Act, which authorizes the Agency 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.
NAICS Code
444220 - Nursery and Garden Centers
Loan Approval Date
12/19/2005
Loan Approval Gross Amount
$70,000
Loan Approval from the SBA
Of the total $70,000 loan amount, the SBA guaranteed $59,500.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had 2 employees. This SBA loan request did not indicate that the SBA funding recipient promised to use the loan proceeds to hire new employees or retain any existing employees.
Great, But How Can I Get an SBA Loan for My 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 Lockwood 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:
Business Cash Advances
SBA 7A Banks for Springfield, Missouri Loans
Getting an SBA Loan in Missouri