Small Business Loans for Nursery and Garden Centers

Looking for small business loans for nursery and garden centers? Talk to a banker who works with the SBA. This $1,525,500 nursery and garden centers loan was issued by a Texas bank.

This company received financial assistance through the SBA's lending programs back in 2001. They applied for an SBA loan with Jpmorgan Chase Bank, out of Houston, Texas. The loan was granted and they received $1,525,500 to help grow their Portage, Michigan business.

SBA Loan Borrower

COMPANY TYPE: NURSERY AND GARDEN CENTERS
PORTAGE, MI 49002

SBA Loan Lender

JPMORGAN CHASE BANK
811 RUSK ST., 16TH FL
HOUSTON, TX 77002

This loan for a small business 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

444220 - Nursery and Garden Centers

Loan Approval Date

2/21/2001

Loan Approval Gross Amount

$1,525,500

Loan Approval from the SBA

Of the total $1,525,500 loan amount, the SBA guaranteed $999,965.

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 90 employees. This SBA loan request did not indicate that the company planned to use the funding to add employees or retain any existing employees.

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Many small businesses receive loans backed by the U.S. Small Business Administration.

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.

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