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May 12, 2024 |
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| Home > Small Business Lenders by State > Minnesota Business Loan Sources > Norwood Young America, Business Loans > Kleinbank Norwood Young America Business Loans > Florists Loan | ||||
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I Need a Business Loan in Norwood, Minnesota
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Getting an SBA Loan for FloristsLooking for SBA loans for florists? Try the SBA. This $140,800 florists loan was issued by a Minnesota bank. This business knew how to go about getting a business bank loan. Based in Norwood, Minnesota, they applied for and were awarded an SBA-guaranteed loan in 2001. The lending bank was Kleinbank, based in Norwood Young America, Minnesota. SBA Loan Borrower COMPANY TYPE: FLORISTS SBA Loan Lender KLEINBANK This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 453110 - Florists Loan Approval Date 7/24/2001 Loan Approval Gross Amount $140,800 Loan Approval from the SBA Of the total $140,800 loan amount, the SBA guaranteed $119,680. 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 8 employees. The SBA loan application for the borrower indicated that the loan would help retain 8 existing jobs. Start the Process for Getting an SBA Loan Today! SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options. 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 Kleinbank 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. Related Links: SBA 7A Lenders in Norwood Young America, Minnesota
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