Loan Census Banking News and Information
November 15, 2024  
 
 
  Business Loan Information  
 

We Needed an SBA 7A Loan in Sarasota, Florida and We Got One!

 

 
Loan Census SBA Loan Info

Financing for Flower, Nursery Stock, and Florists' Supplies Wholesalers

Looking for commercial loans for flower, nursery stock, and florists' supplies wholesalers? Try the SBA. This $752,000 flower, nursery stock, and florists' supplies wholesalers loan was issued by a Florida bank.

Getting a small business loan in Sarasota, Florida was important for this business back in 2001 and, based on their loan application, they were successful in getting an SBA loan from Rbc Centura Bank, operating out of Sarasota, Florida. Here are the details on this Florida small business loan.

SBA Loan Borrower

COMPANY TYPE: FLOWER, NURSERY STOCK, AND FLORISTS' SUPPLIES WHOLESALERS
SARASOTA, FL 34243

SBA Loan Lender

RBC CENTURA BANK
1549 RINGLING BLVD
SARASOTA, FL 34236

This lender provides SBA loan for small businesses as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

422930 - Flower, Nursery Stock, and Florists' Supplies Wholesalers

Loan Approval Date

3/7/2001

Loan Approval Gross Amount

$752,000

Loan Approval from the SBA

Of the total $752,000 loan amount, the SBA guaranteed $564,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 7 employees. This SBA loan request indicated that the loan would help generate 1 new job and retain 7 existing jobs.

Start the Process for Getting an SBA Loan Today!

SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.

The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. Rbc Centura Bank had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, Rbc Centura Bank made the loan. The end result was that this firm was given the opportunity to grow their business and enhance the lives of their employees and customers.

The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail.

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:

Banking Deregulation's Effects on Entrepreneurship

Best Sarasota, Florida Banks for Small Business

Getting a Business Loan in Florida