Small Business Loans for Flower, Nursery Stock, and Florists' Supplies Merchant Wholesalers

With these small business loans for flower, nursery stock, and florists' supplies merchant wholesalers, the SBA guarantees the lender that the loan will be repaid. This flower, nursery stock, and florists' supplies merchant wholesalers loan for $1,087,100 was given to a Washington entrepreneur in 2004.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Bothell, Washington was able to borrow $1,087,100 from U.S. Bank National Association. The SBA made the loan possible by guaranteeing $815,325 of this Washington small business loan.

SBA Loan Borrower

COMPANY TYPE: FLOWER, NURSERY STOCK, AND FLORISTS' SUPPLIES MERCHANT WHOLESALERS
BOTHELL, WA 98012

SBA Loan Lender

U.S. BANK NATIONAL ASSOCIATION
425 WALNUT ST
CINCINNATI, OH 45202

Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

424930 - Flower, Nursery Stock, and Florists' Supplies Merchant Wholesalers

Loan Approval Date

4/29/2004

Loan Approval Gross Amount

$1,087,100

Loan Approval from the SBA

Of the total $1,087,100 loan amount, the SBA guaranteed $815,325.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company had 15 employees. The SBA loan application for the borrower indicated that the loan would help retain 15 existing jobs.

Next Steps for Getting an SBA Loan

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

This company got an SBA loan. You can too! Maybe you need seed money for business? Maybe you have a business and need capital to get to the next level? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.

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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