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May 2, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > San Luis Obispo, Business Loans > Coast National Bank San Luis Obispo Business Loans > Used Household And Office Goods Moving Loan | ||||
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Get an SBA Loan in San Luis Obispo, California
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California Small Business Loan Issued to Used Household And Office Goods Moving CompanyCaliforniaBank loans are available to California firms through the SBA. In this case, a California bank provides the loan. By giving the right information to Coast National Bank, this San Luis Obispo, California business was able to get an SBA loan. To get this loan, the entrepreneur gave the lending institution and the SBA a clear description of what the loan proceeds would be used for and how they intended to pay the loan back. SBA Loan Borrower COMPANY TYPE: USED HOUSEHOLD AND OFFICE GOODS MOVING SBA Loan Lender COAST NATIONAL BANK This lender processed this SBA 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 9/20/2005 Loan Approval Gross Amount $4,000 Loan Approval from the SBA Of the total $4,000 loan amount, the SBA guaranteed $2,000. 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 82 employees. The SBA loan documents indicated that the borrowed money would help create 82 new jobs. Next Steps for Getting an SBA Loan For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing. This SBA loan was for $4,000. How would you spend $4,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started. 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: Who Lends Money to Small Businesses in San Luis Obispo, California
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