Florists Loans

Looking for loans for florists? The SBA may be the answer. This $68,100 florists loan was issued by a Kansas bank.

This small firm knew how to go about getting a business bank loan. Based in Oakley, Kansas, they applied for and were awarded an SBA-guaranteed loan in 2004. The lending bank was Farmers State Bank Of Oakley, based in Oakley, Kansas.

SBA Loan Borrower

COMPANY TYPE: FLORISTS
OAKLEY, KS 67748

SBA Loan Lender

FARMERS STATE BANK OF OAKLEY
100 CENTER
OAKLEY, KS 67748

This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

453110 - Florists

Loan Approval Date

8/5/2004

Loan Approval Gross Amount

$68,100

Loan Approval from the SBA

Of the total $68,100 loan amount, the SBA guaranteed $57,885.

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 2 employees. The SBA loan documents did not indicate that the business promised to use the funding to hire new employees or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

If you are interested in getting money to start a business or already have a business and need money to expand, an SBA loan can be a great way to raise money

The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. Farmers State Bank Of Oakley had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, Farmers State Bank Of Oakley made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers.

The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail.

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:

Obtaining Funding - Friends and Family

Where to Get an SBA Loan in Oakley, Kansas

Kansas SBA 7A Banks