Specialty Food Stores Commercial Loans

Looking for commercial loans for specialty food stores? An SBA loan may be just what you've been looking for. This $50,000 specialty food stores 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: SPECIALTY FOOD STORES
SAN LUIS OBISPO, CA 93449

SBA Loan Lender

COAST NATIONAL BANK
500 MARSH ST
SAN LUIS OBISPO, CA 93401

This lender processed this SBA business 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

445299 - Specialty Food Stores

Loan Approval Date

12/18/2003

Loan Approval Gross Amount

$50,000

Loan Approval from the SBA

Of the total $50,000 loan amount, the SBA guaranteed $25,000.

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 26 employees. The loan application indicated that the loan would help generate 6 new jobs and retain 20 existing jobs.

Getting an SBA Loan For Your Business

Many small businesses receive loans backed by the U.S. Small Business Administration.

This SBA loan was for $50,000. How would you spend $50,000 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:

Getting a Small Business Loan

SBA 7A Lenders in San Luis Obispo, California

SBA Participating Banks in California