Loan Census Banking News and Information
May 2, 2024  
 
 
  Business Loan Information  
 

Coast National Bank Business Loans

 

 
Loan Census SBA Loan Info

Used Household and Office Goods Moving Small Business Loans

Looking for small business loans for used household and office goods moving? Try the SBA. This $1,500 used household and office goods moving loan was issued by a California bank.

This company knew how to go about getting a business bank loan. Based in San Luis Obispo, California, they applied for and were awarded an SBA-guaranteed loan in 2008. The lending bank was Coast National Bank, based in San Luis Obispo, California.

SBA Loan Borrower

COMPANY TYPE: USED HOUSEHOLD AND OFFICE GOODS MOVING
SAN LUIS OBISPO, CA 93401

SBA Loan Lender

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

This lender processed this business loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

484210 - Used Household and Office Goods Moving

Loan Approval Date

1/11/2008

Loan Approval Gross Amount

$1,500

Loan Approval from the SBA

Of the total $1,500 loan amount, the SBA guaranteed $750.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 145 employees. This SBA loan request indicated that the loan would help generate 124 new jobs and retain 145 existing jobs.

Getting an SBA Loan For Your Business

SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.

This company got an SBA loan. You can too! Maybe you are raising money for operating expenses? Maybe you have a business and need capital to get to the next level? Regardless of why you need money, guaranteed SBA loans may be the right answer 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.

Related Links:

How Much Venture Capital Is There?

SBA Participating Banks in San Luis Obispo, California

SBA Lenders in California