We consider the $L^2$ gradient flow for the Willmore
functional. In [KS] it was proved that the curvature concentrates
if a singularity develops. Here we show that a suitable blowup
converges to a nonumbilic (compact or noncompact) Willmore
surface. Furthermore, an $L^\infty$ estimate is derived for the
tracefree part of the curvature of a Willmore surface, assuming that
its $L^2$ norm (the Willmore energy) is locally small. One consequence
is that a properly immersed Willmore surface with restricted growth of
the curvature at infinity and small total energy must be a plane or a
sphere. Combining the results we obtain long time existence and
convergence to a round sphere if the total energy is initially small.