Small Business Loans for Florists

Looking for small business loans for florists? An SBA loan may be just what you've been looking for. This $100,000 florists loan was issued by a New York bank.

Getting a small business loan in Los Angeles, California was important for this company back in 2007 and, based on their loan application, they were successful in getting an SBA loan from Merrill Lynch Bank & Trust. Fsb, operating out of New York City, New York. Here are the details on this California small business loan.

SBA Loan Borrower

COMPANY TYPE: FLORISTS
Los Angeles, CA 90064

SBA Loan Lender

MERRILL LYNCH BANK & TRUST. FSB
1300 MERRILL LYNCH DR, 3RD FL
NEW YORK CITY, NY 10281

The lender provided this debt financing through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

453110 - Florists

Loan Approval Date

11/13/2007

Loan Approval Gross Amount

$100,000

Loan Approval from the SBA

Of the total $100,000 loan amount, the SBA guaranteed $50,000.

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 19 employees. The SBA loan application for the borrower indicated that the loan would help retain 19 existing jobs.

Start the Process for Getting an SBA Loan Today!

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

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:

Determining Proper Capital Structure for a Business

SBA Banks in New York City, New York

Getting an SBA Loan in New York