Loans for Florists

Looking for loans for florists? Try the SBA. This $150,000 florists loan was issued by a Montana bank.

Getting a small business loan in Scobey, Montana was important for this company back in 2003 and, based on their loan application, they were successful in getting an SBA loan from Stockman Bank Of Montana, operating out of Plentywood, Montana. Here are the details on this Montana small business loan.

SBA Loan Borrower

COMPANY TYPE: FLORISTS
SCOBEY, MT 59263

SBA Loan Lender

STOCKMAN BANK OF MONTANA
102 N MAIN ST
PLENTYWOOD, MT 59254

This was a Low Documentation SBA loan. The SBA created this program to reduce the paperwork associated with borrowing money. The low-doc program is quick, requiring completion of only a one-page form for a loan of $50,000 or less. The limits have changed over time. Currently, $100,000 is the maximum loan amount.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

453110 - Florists

Loan Approval Date

6/23/2003

Loan Approval Gross Amount

$150,000

Loan Approval from the SBA

Of the total $150,000 loan amount, the SBA guaranteed $127,500.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 2 employees. The SBA loan documents did not indicate that the SBA funding recipient planned to use the funding to increase staffing levels or retain any existing employees.

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

If you need business start up money in Scobey MT, you ought to talk with a local Scobey SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Scobey businesses.

This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.

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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