Commercial Loans for Flower, Nursery Stock, and Florists' Supplies Wholesalers
Looking for commercial loans for flower, nursery stock, and florists' supplies wholesalers? The SBA may be the answer. This $652,500 flower, nursery stock, and florists' supplies wholesalers loan was issued by a California bank.
This small business received financial assistance through the SBA's lending programs back in 2000. They applied for an SBA loan with Wells Fargo Bank, out of San Jose, California. The loan was granted and they received $652,500 to help grow their San Marcos, California business.
SBA Loan Borrower
COMPANY TYPE: FLOWERS, NURSERY STOCK, AND FLORISTS SUPPLIES
SAN MARCOS, CA 92069
SBA Loan Lender
WELLS FARGO BANK
177 PARK AVE, STE 300, A-0514
SAN JOSE, CA 95113
This commercial loan was issued under the SBA's Certified Lenders Program (CLP), which means that the lender has a successful SBA lending track record and are well trained in SBA lending rules and regulations.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
5193 - Flowers, Nursery Stock, and Florists Supplies
NAICS Code
422930 - Flower, Nursery Stock, and Florists' Supplies Wholesalers
Loan Approval Date
11/7/2000
Loan Approval Gross Amount
$652,500
Loan Approval from the SBA
Of the total $652,500 loan amount, the SBA guaranteed $489,375.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had 28 employees. The SBA loan documents did not indicate that the company promised to use the funding to add employees or retain any existing employees.
Great, But How Can I Get an SBA Loan for My 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 $652,500 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:
Understanding Dilution
SBA 7A Banks for San Jose, California Loans
California SBA Banks