Florists Small Business Loans
With these small business loans for florists, the SBA guarantees the lender that the loan will be repaid. This florists loan for $62,000 was given to a Connecticut entrepreneur in 2003.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Woodbury (census Name For Wood, Connecticut was able to borrow $62,000 from Webster Bank. The SBA made the loan possible by guaranteeing $31,000 of this Connecticut small business loan.
SBA Loan Borrower
COMPANY TYPE: FLORISTS
WOODBURY (CENSUS NAME FOR WOOD, CT 06798
SBA Loan Lender
WEBSTER BANK
80 ELM ST
NEW HAVEN, CT 06510
This loan for a small business was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.
SBA Loan Program Type
This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.
NAICS Code
453110 - Florists
Loan Approval Date
10/20/2003
Loan Approval Gross Amount
$62,000
Loan Approval from the SBA
Of the total $62,000 loan amount, the SBA guaranteed $31,000.
More Information on This SBA Loan
The borrower borrowed this money for a new 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 2 employees. The loan application indicated that the borrowed money would help create 2 new jobs.
Start the Process for Getting an SBA Loan Today!
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.
Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Webster Bank and they will explain how you can get an SBA loan for your company.
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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