Nursery and Garden Centers Business Loans

Looking for business loans for nursery and garden centers? Try the SBA. This $450,000 nursery and garden centers loan was issued by a California bank.

This business knew how to go about getting a business bank loan. Based in Oceano, California, they applied for and were awarded an SBA-guaranteed loan in 2003. The lending bank was First Bank - San Luis Obispo A D, based in San Luis Obispo, California.

SBA Loan Borrower

COMPANY TYPE: NURSERY AND GARDEN CENTERS
OCEANO, CA 93445

SBA Loan Lender

FIRST BANK - SAN LUIS OBISPO A D
995 HIGUERA ST
SAN LUIS OBISPO, CA 93401

As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

444220 - Nursery and Garden Centers

Loan Approval Date

8/29/2003

Loan Approval Gross Amount

$450,000

Loan Approval from the SBA

Of the total $450,000 loan amount, the SBA guaranteed $337,500.

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 6 employees. This SBA loan request indicated that the loan would help generate 4 new jobs and retain 6 existing jobs.

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

SBA loans provide smart, affordable business financing for small businesses looking to expand.

If you need emergency money for small businesses, the SBA has special programs for you. We've put a spotlight on this loan from First Bank - San Luis Obispo A D 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:

Business Line of Credit

SBA 7A Banks in San Luis Obispo, California

SBA Lenders in California