Texas Business Loan Issued to R&d The Flower Bucket, LLC Dba The Flower

Texas business loans are available to Texas business owners through the SBA. In this case, a Texas bank provides the loan.

Getting a small business loan in Austin, Texas was a top priority for R&d The Flower Bucket, LLC Dba The Flower back in 2007 and, based on their loan application, they were successful in getting an SBA loan from Randolph-Brooks Fcu. Here are the details on this Texas small business loan.

SBA Loan Borrower

R&D The Flower Bucket, LLC DBA The Flower
3100 North Lamar Blvd.
AUSTIN, TX 78705

SBA Loan Lender

RANDOLPH-BROOKS FCU
HARMON DR RANDOLPH AFB, BLDG
UNIVERSAL CITY, TX 78148

This SBA loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.

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

453110 - Florists

Loan Approval Date

5/30/2007

Loan Approval Gross Amount

$25,000

Loan Approval from the SBA

Of the total $25,000 loan amount, the SBA guaranteed $12,500.

More Information on This SBA Loan

The borrower, R&d The Flower Bucket, LLC Dba The Flower, borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 9 employees. The SBA loan documents indicated that the loan would help retain 9 existing jobs.

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.

The SBA is important source of financing for entrepreneurs like you. Take this loan, for example. R&d The Flower Bucket, LLC Dba The Flower needed a loan. Randolph-Brooks Fcu probably wouldn't have granted the loan based on the merits of the company, but with the SBA stepping up and agreeing to guarantee part of the loan, Randolph-Brooks Fcu made the loan. The end result was that R&d The Flower Bucket, LLC Dba The Flower was given the opportunity to grow their business and enhance the lives of their employees and customers.

The process for getting an SBA loan is relatively straight-forward. Sit down with your banker and they will explain the process in detail.

About This SBA Loan Information:

All SBA loan data displayed above comes from the government's SBA loan database.

Related Links:

Borrowing Money from Friends and Family

Who Lends Money to Small Businesses in Universal City, Texas

Getting an SBA Loan in Texas

If you are an ambitious entrepreneur or an aspiring executive looking to get involved with a startup, please take the time to learn more about Gaebler Ventures.