Where to Get Capital for Floriculture Production

Looking for small business loans for floriculture production? The SBA may be the answer. This $164,600 floriculture production loan was issued by a California bank.

Getting a small business loan in Valley Center, California was important for this growing firm back in 2002 and, based on their loan application, they were successful in getting an SBA loan from 1st Pacific Bank Of California, operating out of San Diego, California. Here are the details on this California small business loan.

SBA Loan Borrower

COMPANY TYPE: ORNAMENTAL FLORICULTURE NURSERY PRODUCTS
VALLEY CENTER, CA 92082

SBA Loan Lender

1ST PACIFIC BANK OF CALIFORNIA
9333 GENESEE AVE, STE 300
SAN DIEGO, CA 92121

When this loan was made, this bank participated in the SBA's Certified Lenders Program (CLP). This program is designed to give speedy service on loan applications received from lenders who have a successful SBA lending track record and a thorough understanding of SBA policies and procedures. CLP lenders perform a complete analysis of the application and, in return, SBA promises a fast loan decision.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

0181 - Ornamental Floriculture Nursery Products

NAICS Code

111422 - Floriculture Production

Loan Approval Date

4/3/2002

Loan Approval Gross Amount

$164,600

Loan Approval from the SBA

Of the total $164,600 loan amount, the SBA guaranteed $123,450.

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 3 employees. The loan application did not indicate that the SBA funding recipient promised to use the loan proceeds to add employees or retain any existing employees.

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

For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.

Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

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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