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May 4, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > San Luis Obispo, Business Loans > First Bank - San Luis Obispo A D San Luis Obispo Business Loans > Eating Places Loan | ||||
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California Bank SBA Loans
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First Bank - San Luis Obispo A D SBA Loan to Eating Places CompanyWant a California small business loan? Here's one California business loan that was approved by the SBA. This up and coming company knew how to go about getting a business bank loan. Based in San Luis Obispo, California, they applied for and were given an SBA-guaranteed loan in 2000. The lending bank was First Bank - San Luis Obispo A D, based in San Luis Obispo, California. SBA Loan Borrower COMPANY TYPE: EATING PLACES SBA Loan Lender FIRST BANK - SAN LUIS OBISPO A D This lender provides SBA small business loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 5812 - Eating Places Loan Approval Date 2/16/2000 Loan Approval Gross Amount $209,300 Loan Approval from the SBA Of the total $209,300 loan amount, the SBA guaranteed $156,975. More Information on This SBA Loan The borrower 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 only one employee. The SBA loan application for the borrower indicated that the funding would help generate 24 new jobs. Start the Process for Getting an SBA Loan Today! SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews. We can help you find the best banks for small businesses in San Luis Obispo or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success. 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. Related Links: Determining Proper Capital Structure for a Business Where to Get an SBA Loan in San Luis Obispo, California
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