Financial Investment Activities Business Loans
Looking for business loans for financial investment activities? Talk to a banker who works with the SBA. This $368,500 financial investment activities loan was issued by a California bank.
Getting a small business loan in San Luis Obispo, California was important for this small business back in 2003 and, based on their loan application, they were successful in getting an SBA loan from Coast National Bank, operating out of San Luis Obispo, California. Here are the details on this California small business loan.
SBA Loan Borrower
COMPANY TYPE: FINANCIAL INVESTMENT ACTIVITIES
SAN LUIS OBISPO, CA 93401
SBA Loan Lender
COAST NATIONAL BANK
500 MARSH ST
SAN LUIS OBISPO, CA 93401
The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide SBA business loans to American small businesses.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
523999 - Financial Investment Activities
Loan Approval Date
8/4/2003
Loan Approval Gross Amount
$368,500
Loan Approval from the SBA
Of the total $368,500 loan amount, the SBA guaranteed $276,375.
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 6 employees. This SBA loan request did not indicate that the small business promised to use the loan proceeds to add employees or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
Every year, the SBA guarantees over $10 billion for loans just like this one.
We can help you find the best banks for small businesses in San Luis Obispo or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.
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:
Attracting Investors
SBA 7A Lenders in San Luis Obispo, California
Getting an SBA Loan in California