Borrowing Money for Florists
With these loans for florists, the SBA guarantees the lender that the loan will be repaid. This florists loan for $225,000 was given to a California entrepreneur in 2005.
Getting a small business loan in Weaverville, California was important for this company back in 2005 and, based on their loan application, they were successful in getting an SBA loan from Umpqua Bank, operating out of Roseburg, Oregon. Here are the details on this California small business loan.
SBA Loan Borrower
COMPANY TYPE: FLORISTS
WEAVERVILLE, CA 96093
SBA Loan Lender
UMPQUA BANK
445 SE MAIN ST
ROSEBURG, OR 97470
This lender provides SBA guaranteed business loans 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
453110 - Florists
Loan Approval Date
12/5/2005
Loan Approval Gross Amount
$225,000
Loan Approval from the SBA
Of the total $225,000 loan amount, the SBA guaranteed $168,750.
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 only one employee. The loan application indicated that the loan would help generate 3 new jobs and retain 4 existing jobs.
Next Steps for Getting an SBA Loan
The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.
Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $225,000 loan. Remember, if it to be, it is up to me!
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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Who Lends Money to Small Businesses in Roseburg, Oregon
SBA Lenders in Oregon