Get an SBA Loan for Flower, Nursery Stock, and Florists' Supplies Merchant Wholesalers

Looking for bank loans for flower, nursery stock, and florists' supplies merchant wholesalers? An SBA loan may be just what you've been looking for. This $600,000 flower, nursery stock, and florists' supplies merchant wholesalers loan was issued by an Iowa bank.

This small firm received financial assistance through the SBA's lending programs back in 2007. They applied for an SBA loan with Pilot Grove Savings Bank, out of Mount Pleasant, Iowa. The loan was granted and they received $600,000 to help grow their Wever, Iowa business.

SBA Loan Borrower

COMPANY TYPE: FLOWER, NURSERY STOCK, AND FLORISTS' SUPPLIES MERCHANT WHOLESALERS
WEVER, IA 52658

SBA Loan Lender

PILOT GROVE SAVINGS BANK
410 S GRAND AVE
MOUNT PLEASANT, IA 52641

The issuing bank for this loan is an SBA 7A lender. This program helps the United States banking system to provide SBA bank loans to American small businesses.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

424930 - Flower, Nursery Stock, and Florists' Supplies Merchant Wholesalers

Loan Approval Date

9/28/2007

Loan Approval Gross Amount

$600,000

Loan Approval from the SBA

Of the total $600,000 loan amount, the SBA guaranteed $450,000.

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 6 employees. This SBA loan request indicated that the loan would help retain 6 existing jobs.

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

SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.

The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. The company needed a loan. Pilot Grove Savings Bank had a strong track record in business lending, and with the SBA stepping up and agreeing to guarantee part of the loan, Pilot Grove Savings 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.

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