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December 19, 2024 |
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| Home > Small Business Lenders by State > Ohio Business Loan Sources > Parma, Business Loans > American National Bank Parma Business Loans > Flowerama Loan | ||||
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Ohio Small Business Funding for Franchises
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American National Bank Provides SBA Loan to Buy Flowerama FranchiseNeed a loan to purchase a Flowerama franchise? American National Bank has a history of making these loans and they are guaranteed by the SBA. If you live near Parkview, Ohio and are interested in buying a Flowerama franchise, you'll be interested to read the details on this SBA franchise loan, issued in 2001 by American National Bank. Obtaining a franchise loan from a commercial lending institution can be a great way to finance a franchise purchase. SBA Loan Borrower FLOWERAMA SBA Loan Lender AMERICAN NATIONAL BANK This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 453110 - Florists Loan Approval Date 6/27/2001 Loan Approval Gross Amount $694,000 Loan Approval from the SBA Of the total $694,000 loan amount, the SBA guaranteed $520,500. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was used to buy a Flowerama franchise. At the time of the loan, the company had 50 employees. The SBA loan application for the borrower indicated that the borrowed money would help generate 18 new jobs. Getting an SBA Loan For Your Business Every year, the SBA guarantees over $10 billion for loans just like this one. Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process. 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: SBA Approved Banks in Parma, Ohio
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