The Plant People, Inc.
The Plant People, Inc. is a floriculture production business located in Green Bay, Wisconsin, operating under NAICS code 111422. It was financed with an SBA 7(a) loan for a change of ownership totaling $655,000, approved on August 4, 2025, through Community First CU.
SBA 7(a) loan, change of ownership, approved Aug 4, 2025
$655,000 approvedLender: Community First CU10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $655,000
- SBA-guaranteed amount
- $491,250 (75% of the approval)
- Lender
- Community First CU, Neenah, WI
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 7.85%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- August 4, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $7,895 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Aug 19, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 1
- Business type
- Corporation
- NAICS
- 111422, Floriculture Production
- Project location
- Brown County, WI
- SBA district office
- Wisconsin District Office
- Congressional district
- WI-08
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Average acquisition loan in Floriculture Production: $727,500.
- Average acquisition loan in Wisconsin: $1,729,230.
Loan amounts are the SBA approval, not a purchase price. Figures labeled estimated are derived on this site and are not published by the SBA.
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