Loan Census Banking News and Information
November 15, 2024  
 
 
  Business Loan Information  
 

Bremer Bank SBA Loans

 

 
Loan Census SBA Loan Info

Bank Loans for Florists

Looking for bank loans for florists? Try the SBA. This $80,000 florists loan was issued by a Wisconsin bank.

This small firm received financial assistance through the SBA's lending programs back in 2006. They applied for an SBA loan with Bremer Bank, out of Menomonie, Wisconsin. The loan was granted and they received $80,000 to help grow their Menomonie, Wisconsin business.

SBA Loan Borrower

COMPANY TYPE: FLORISTS
MENOMONIE, WI 54751

SBA Loan Lender

BREMER BANK
605 2ND ST
MENOMONIE, WI 54751

This loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the 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

12/20/2006

Loan Approval Gross Amount

$80,000

Loan Approval from the SBA

Of the total $80,000 loan amount, the SBA guaranteed $68,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 3 employees. This SBA loan request did not indicate that the small business promised to use the loan proceeds to hire new employees or retain any existing employees.

Start the Process for Getting an SBA Loan Today!

SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.

Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Bremer Bank that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).

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:

Banking Deregulation's Effects on Entrepreneurship

Find an SBA Lender in Menomonie, Wisconsin

Find an SBA Lender in Wisconsin