Small Business Loans for Crop Harvesting, Primarily by Machine

With these small business loans for crop harvesting, primarily by machine, the SBA guarantees the lender that the loan will be repaid. This crop harvesting, primarily by machine loan for $561,000 was given to a California entrepreneur in 2003.

This small firm received financial assistance through the SBA's lending programs back in 2003. They applied for an SBA loan with Coast National Bank, out of San Luis Obispo, California. The loan was granted and they received $561,000 to help grow their Paso Robles (corporate Name El, California business.

SBA Loan Borrower

COMPANY TYPE: CROP HARVESTING, PRIMARILY BY MACHINE
PASO ROBLES (CORPORATE NAME EL, CA 93446

SBA Loan Lender

COAST NATIONAL BANK
500 MARSH ST
SAN LUIS OBISPO, CA 93401

As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

115113 - Crop Harvesting, Primarily by Machine

Loan Approval Date

12/9/2003

Loan Approval Gross Amount

$561,000

Loan Approval from the SBA

Of the total $561,000 loan amount, the SBA guaranteed $420,750.

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 only one employee. This SBA loan request indicated that the loan would help retain 1 existing job.

Start the Process for Getting an SBA Loan Today!

If you need money to start business in Paso Robles (corporate Name El CA, you ought to talk with a local Paso Robles (corporate Name El SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Paso Robles (corporate Name El businesses.

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Coast National Bank are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there for you.

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.

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