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April 29, 2024 |
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| Home > Small Business Lenders by State > Texas Business Loan Sources > El Campo, Business Loans > Prosperity Bank El Campo Business Loans > Flower, Nursery Stock, And Florists' Supplies Wholesalers Loan | ||||
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SBA Lender El Campo
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El Campo, Texas Lender Lends Money to Flower, Nursery Stock, And Florists' Supplies Wholesalers CompanyWant to talk with an El Campo, Texas bank about a small business loan? Here's one Texas business loan, issued by an El Campo bank, that was approved by the SBA. Applying for an SBA loan with Prosperity Bank worked out well for our friends at one local firm in Waxahachie, Texas. They received an SBA loan for $150,000. Great job! SBA Loan Borrower COMPANY TYPE: FLOWER, NURSERY STOCK, AND FLORISTS' SUPPLIES WHOLESALERS SBA Loan Lender PROSPERITY BANK This was a Low Documentation SBA loan. The SBA started this program to minimize the paperwork associated with borrowing money. The low-doc program requires 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 422930 - Flower, Nursery Stock, and Florists' Supplies Wholesalers Loan Approval Date 7/12/2001 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 a new business. This loan was not for a franchise. At the time of the loan, the company had 3 employees. The SBA loan application for the borrower did not indicate that the SBA funding recipient planned to use the money to increase staffing levels or retain any existing employees. Next Steps for Getting an SBA Loan SBA loans provide smart, affordable business financing for small businesses looking to expand. We've showcased information on this loan to let you know that businesses like yours can get an SBA loan. 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: Find an SBA Lender in El Campo, Texas
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