Loan Census Banking News and Information
December 18, 2024  
 
 
  Business Loan Information  
 

We Needed an SBA Loan in Willis, Texas and We Got One!

 

 
Loan Census SBA Loan Info

Borrowing Money for Flower, Nursery Stock, and Florists' Supplies Wholesalers

Looking for bank loans for flower, nursery stock, and florists' supplies wholesalers? An SBA loan may be just what you've been looking for. This $580,000 flower, nursery stock, and florists' supplies wholesalers loan was issued by a Texas bank.

This small firm knew how to go about getting a business bank loan. Based in Willis, Texas, they applied for and were awarded an SBA-guaranteed loan in 2001. The lending bank was Amegy Bank, based in Spring, Texas.

SBA Loan Borrower

COMPANY TYPE: FLOWERS, NURSERY STOCK, AND FLORISTS SUPPLIES
WILLIS, TX 77378

SBA Loan Lender

AMEGY BANK
1000 SPRING CYPRESS RD
SPRING, TX 77373

This lender issued this bank loan under the 7A SBA program, in which the SBA provides guaranteed loans to small business owners. This lending program began in 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders.

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

8/28/2001

Loan Approval Gross Amount

$580,000

Loan Approval from the SBA

Of the total $580,000 loan amount, the SBA guaranteed $435,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had only one employee. The loan application did not indicate that the small business promised to use the funding to hire new employees or retain any existing employees.

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

If you are working on finding money to start a business in Willis TX, you ought to talk with a local Willis SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Willis businesses.

This SBA loan was for $580,000. How would you spend $580,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.

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:

The Friends and Family Network

SBA 7A Banks in Spring, Texas

Texas SBA Bank Lenders