Loan Census Banking News and Information
December 22, 2024  
 
 
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California SBA 7A Lenders

 

 
Loan Census SBA Loan Info

San Luis Obispo, California Bank Lends Money to Florists Company in Atascadero, California

Get small business loans from a San Luis Obispo, California bank that knows how to treat small business owners right! If this company can get a loan, there's no reason you can't do it too.

Mission Community Bank is a San Luis Obispo, California small business lender that is dedicated to providing financing to small businesses. In this case, they gave a small business loan to a California company.

SBA Loan Borrower

COMPANY TYPE: FLORISTS
ATASCADERO, CA 93422

SBA Loan Lender

MISSION COMMUNITY BANK
581 HIGUERA 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

453110 - Florists

Loan Approval Date

2/24/2004

Loan Approval Gross Amount

$425,700

Loan Approval from the SBA

Of the total $425,700 loan amount, the SBA guaranteed $319,275.

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 5 employees. This SBA loan request indicated that the loan would help retain 5 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

If you have been wondering how do i get money to start a business in Atascadero CA, you ought to talk with a local Atascadero SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Atascadero businesses.

This SBA loan was for $425,700. How would you spend $425,700 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.

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