Fine Arts Schools Small Business Loans
Looking for small business loans for fine arts schools? An SBA loan may be just what you've been looking for. This $135,000 fine arts schools loan was issued by a California bank.
This company knew how to go about getting a business bank loan. Based in Los Osos, California, they applied for and were awarded an SBA-guaranteed loan in 2007. The lending bank was Mission Community Bank, based in San Luis Obispo, California.
SBA Loan Borrower
COMPANY TYPE: FINE ARTS SCHOOLS
LOS OSOS, CA 93402
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
611610 - Fine Arts Schools
Loan Approval Date
3/29/2007
Loan Approval Gross Amount
$135,000
Loan Approval from the SBA
Of the total $135,000 loan amount, the SBA guaranteed $114,750.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company
had 3 employees. This SBA loan request indicated that the loan would help generate 1 new job and retain 4 existing jobs.
Start the Process for Getting an SBA Loan Today!
SBA loans provide smart, affordable business financing for small businesses looking to expand.
This SBA loan was for $135,000. How would you spend $135,000 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:
How Equity Dilution Works
SBA Participating Banks in San Luis Obispo, California
California SBA Bank Lenders