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.
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