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May 18, 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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We Needed an SBA Loan in Wever, Iowa and We Got One!
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Where to Get Capital for Flower, Nursery Stock, and Florists' Supplies WholesalersWith these SBA 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 $650,000 was given to an Iowa entrepreneur in 2001. This small business knew how to go about getting a business bank loan. Based in Wever, Iowa, they applied for and were awarded an SBA-guaranteed loan in 2001. The lending bank was Pilot Grove Savings Bank, based in Pilot Grove, Iowa. SBA Loan Borrower COMPANY TYPE: FLOWER, NURSERY STOCK, AND FLORISTS' SUPPLIES WHOLESALERS SBA Loan Lender PILOT GROVE SAVINGS BANK SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This loan was issued via the SBA 7a lending program. 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 1/19/2001 Loan Approval Gross Amount $650,000 Loan Approval from the SBA Of the total $650,000 loan amount, the SBA guaranteed $487,500. 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 73 employees. The loan application did not indicate that the business planned to use the loan proceeds to increase staffing levels or retain any existing employees. Next Steps for Getting an SBA Loan SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory. 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: Best Pilot Grove, Iowa Banks for Small Business
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