Business Loan from First Bank - San Luis Obispo A D Given to Fabricated Metal Products Company

An SBA loan from First Bank - San Luis Obispo A D typically comes with favorable terms and competitive loan rates. In this SBA loan issued by the bank, an Arroyo Grande, California business owner got a $103,000 loan.

This small firm received financial assistance through the SBA's lending programs back in 2000. They applied for an SBA loan with First Bank - San Luis Obispo A D, out of San Luis Obispo, California. The loan was granted and they received $103,000 to help grow their Arroyo Grande, California business.

SBA Loan Borrower

COMPANY TYPE: FABRICATED METAL PRODUCTS
ARROYO GRANDE, CA 93420

SBA Loan Lender

FIRST BANK - SAN LUIS OBISPO A D
995 HIGUERA ST
SAN LUIS OBISPO, CA 93401

This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

3499 - Fabricated Metal Products

Loan Approval Date

5/2/2000

Loan Approval Gross Amount

$103,000

Loan Approval from the SBA

Of the total $103,000 loan amount, the SBA guaranteed $77,250.

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 generate 1 new job and retain 1 existing job.

Start the Process for Getting an SBA Loan Today!

SBA loans provide money to small business owners for working capital for other expenses.

Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $103,000 loan. It's not easy, but why not give getting an SBA loan of your own a try?

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:

SBIR Funding

SBA Participating Banks in San Luis Obispo, California

California SBA 7A Banks