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May 15, 2024 |
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| Home > Small Business Lenders by State > Iowa Business Loan Sources > Pilot Grove, Business Loans > Pilot Grove Savings Bank Pilot Grove Business Loans > Flower, Nursery Stock, And Florists' Supplies Wholesalers Loan | ||||
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Wever, Iowa Bank Loan
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Financing for Flower, Nursery Stock, and Florists' Supplies WholesalersWith these commercial loans for flower, nursery stock, and florists' supplies wholesalers, the SBA guarantees the lender that the loan will be repaid. This flower, nursery stock, and florists' supplies wholesalers loan for $550,000 was given to an Iowa entrepreneur in 2001. Getting a small business loan in Wever, Iowa was important for this business back in 2001 and, based on their loan application, they were successful in getting an SBA loan from Pilot Grove Savings Bank, operating out of Pilot Grove, Iowa. Here are the details on this Iowa small business loan. SBA Loan Borrower COMPANY TYPE: FLOWER, NURSERY STOCK, AND FLORISTS' SUPPLIES WHOLESALERS SBA Loan Lender PILOT GROVE SAVINGS BANK This business loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan. 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 11/16/2001 Loan Approval Gross Amount $550,000 Loan Approval from the SBA Of the total $550,000 loan amount, the SBA guaranteed $412,500. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 10 employees. This SBA loan request did not indicate that the small business planned to use the loan proceeds to increase staffing levels or retain any existing employees. Getting an SBA Loan For Your Business SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses. 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. Related Links: SBA Approved Banks in Pilot Grove, Iowa
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