Spokane, Washington Bank Gives SBA Loan to Flower, Nursery Stock, And Florists' Supplies Merchant Wholesalers Company
Thinking about meeting with a Spokane, Washington bank about an SBA loan? Here's one Idaho business loan, issued by a Spokane bank, that was approved by the SBA.
Applying for an SBA loan with Numerica Cu worked out well for our friends at one local firm in Post Falls, Idaho. They got an SBA loan for $35,000. Awesome!
SBA Loan Borrower
COMPANY TYPE: FLOWER, NURSERY STOCK, AND FLORISTS' SUPPLIES MERCHANT WHOLESALERS
POST FALLS, ID 83854
SBA Loan Lender
NUMERICA CU
301 N HAVANA
SPOKANE, WA 99202
This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000.
SBA Loan Program Type
This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.
NAICS Code
424930 - Flower, Nursery Stock, and Florists' Supplies Merchant Wholesalers
Loan Approval Date
11/2/2006
Loan Approval Gross Amount
$35,000
Loan Approval from the SBA
Of the total $35,000 loan amount, the SBA guaranteed $17,500.
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 7 employees. This SBA loan request indicated that the loan would help retain 7 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
Remember, you apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan.
The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Numerica Cu are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there 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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SBA Approved Banks in Spokane, Washington
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