Nursery and Garden Centers Business Loans

Looking for business loans for nursery and garden centers? Try the SBA. This $825,000 nursery and garden centers loan was issued by a Minnesota bank.

This business received financial assistance through the SBA's lending programs back in 2001. They applied for an SBA loan with Central Minnesota Fcu, out of Melrose, Minnesota. The loan was granted and they received $825,000 to help grow their Saint Cloud, Minnesota business.

SBA Loan Borrower

COMPANY TYPE: LANDSCAPE COUNSELING AND PLANNING
SAINT CLOUD, MN 56301

SBA Loan Lender

CENTRAL MINNESOTA FCU
20 S 4TH AVE EAST
MELROSE, MN 56352

This bank loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

0781 - Landscape Counseling and Planning

NAICS Code

444220 - Nursery and Garden Centers

Loan Approval Date

7/16/2001

Loan Approval Gross Amount

$825,000

Loan Approval from the SBA

Of the total $825,000 loan amount, the SBA guaranteed $618,750.

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 SBA loan documents did not indicate that the small business planned to use the loan proceeds to increase staffing levels 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.

Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $825,000 loan. It's not easy, but why not give getting an SBA loan of your own a try?

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:

Alternative Financing

SBA Banks in Melrose, Minnesota

Getting a Business Loan in Minnesota