Florists Business Loans
Looking for business loans for florists? An SBA loan may be just what you've been looking for. This $183,000 florists loan was issued by a Pennsylvania bank.
Getting a small business loan in Austin, Texas was important for Verbena Design Studio LLC back in 2006 and, based on their loan application, they were successful in getting an SBA loan from Pnc Bank, National Association, operating out of Pittsburgh, Pennsylvania. Here are the details on this Texas small business loan.
SBA Loan Borrower
VERBENA DESIGN STUDIO LLC
9 JEFFERSON SQUARE
AUSTIN, TX 78731
SBA Loan Lender
PNC BANK, NATIONAL ASSOCIATION
249 FIFTH AVE
PITTSBURGH, PA 15222
This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
453110 - Florists
Loan Approval Date
5/4/2006
Loan Approval Gross Amount
$183,000
Loan Approval from the SBA
Of the total $183,000 loan amount, the SBA guaranteed $137,250.
More Information on This SBA Loan
The borrower, Verbena Design Studio LLC, borrowed this money for a new business. The SBA's record indicate that the loan was not for investment in a franchise. At the time of the loan, the company
had 4 employees. The SBA loan application for the borrower indicated that the loan would help retain 4 existing jobs. This loan was paid in full, and was closed out on 7/31/2007.
Start the Process for Getting an SBA Loan Today!
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.
SBA loan guarantees are not loans per se. The SBA simply guarantees the loan, but banks and other lending institutions grant you the loan and give you the money. So, just as Verbena Design Studio LLC walked into Pnc Bank, National Association and applied for an SBA loan, you have to do the same thing. The sooner you start, the faster you'll get the money!
About This SBA Loan Information:
All SBA loan data displayed above comes from the government's SBA loan database.
Related Links:
Find Start-Up Capital
Where to Get an SBA Loan in Pittsburgh, Pennsylvania
Pennsylvania SBA Banks
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