Florists Commercial Loans
Looking for commercial loans for florists? The SBA may be the answer. This $97,500 florists loan was issued by a Connecticut bank.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in New Fairfield, Connecticut was able to borrow $97,500 from Union Savings Bank. The SBA made the loan possible by guaranteeing $82,875 of this Connecticut small business loan.
SBA Loan Borrower
COMPANY TYPE: FLORISTS
NEW FAIRFIELD, CT 06812
SBA Loan Lender
UNION SAVINGS BANK
225 MAIN ST
DANBURY, CT 06810
This business loan was provided by a small business banker with SBA Certified Lenders Program (CLP) status. CLP lenders who submit loans to the SBA get more expeditious service from the SBA on their loan applications.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
453110 - Florists
Loan Approval Date
11/9/2005
Loan Approval Gross Amount
$97,500
Loan Approval from the SBA
Of the total $97,500 loan amount, the SBA guaranteed $82,875.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company
had 4 employees. The loan application did not indicate that the SBA funding recipient promised to use the money to add employees or retain any existing employees.
Getting an SBA Loan For Your Business
SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.
If you need emergency money for small business, the SBA has special programs for you. We've put a spotlight on this loan from Union Savings Bank so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.
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:
The Friends and Family Network
SBA 7A Banks in Danbury, Connecticut
SBA Lenders in Connecticut