Sunbury, OH Entrepreneur Gets SBA Loan to Buy Flowerama Franchise

Borrowing money to invest in a Flowerama franchise? Jpmorgan Chase Bank has a history of making these loans and they are guaranteed by the SBA.

Flowerama franchise loans are available to Sunbury, Ohio entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Jpmorgan Chase Bank, based in Houston, Texas, issued an SBA franchise loan for a Flowerama franchise in 2001. We've got all the details on this Ohio small business loan.

SBA Loan Borrower

FLOWERAMA
SUNBURY, OH 43074

SBA Loan Lender

JPMORGAN CHASE BANK
811 RUSK ST., 16TH FL
HOUSTON, TX 77002

As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

453110 - Florists

Loan Approval Date

11/21/2001

Loan Approval Gross Amount

$617,300

Loan Approval from the SBA

Of the total $617,300 loan amount, the SBA guaranteed $462,975.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Flowerama franchise. At the time of the loan, the company had 2 employees. The SBA loan documents indicated that the loan would help generate 4 new jobs and retain 2 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

If you are wondering how to find money to start a business or need money to grow a business, an SBA loan can be a great source of funding.

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.

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