Financing for Florists

Looking for loans for florists? Talk to a banker who works with the SBA. This $363,000 florists loan was issued by a Washington bank.

This company received financial assistance through the SBA's lending programs back in 2006. They applied for an SBA loan with Numerica Cu, out of Spokane, Washington. The loan was granted and they received $363,000 to help grow their Post Falls, Idaho business.

SBA Loan Borrower

COMPANY TYPE: FLORISTS
POST FALLS, ID 83854

SBA Loan Lender

NUMERICA CU
301 N HAVANA
SPOKANE, WA 99202

The issuing bank for this loan is an SBA 7A lender. The name comes from section 7(a) of the Small Business Act, which authorizes the Agency to provide debt financing to American small businesses.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

453110 - Florists

Loan Approval Date

8/2/2006

Loan Approval Gross Amount

$363,000

Loan Approval from the SBA

Of the total $363,000 loan amount, the SBA guaranteed $272,250.

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 2 employees. This SBA loan request did not indicate that the business planned to use the money to hire new employees or retain any existing employees.

Getting an SBA Loan For Your Business

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Numerica Cu 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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