Loan Census Banking News and Information
December 21, 2024  
 
 
  Business Loan Information  
 

SBA 7A Banks for San Luis Obispo, California Businesses

 

 
Loan Census SBA Loan Info

Where to Get Capital for Used Household and Office Goods Moving

Looking for SBA loans for used household and office goods moving? Try the SBA. This $4,000 used household and office goods moving loan was issued by a California bank.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in San Luis Obispo, California was able to borrow $4,000 from Coast National Bank. The SBA made the loan possible by guaranteeing $2,000 of this California small business loan.

SBA Loan Borrower

COMPANY TYPE: USED HOUSEHOLD AND OFFICE GOODS MOVING
SAN LUIS OBISPO, CA 93401

SBA Loan Lender

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

The lender provided this commercial loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.

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

484210 - Used Household and Office Goods Moving

Loan Approval Date

9/29/2005

Loan Approval Gross Amount

$4,000

Loan Approval from the SBA

Of the total $4,000 loan amount, the SBA guaranteed $2,000.

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 82 employees. The SBA loan documents indicated that the loan would help retain 82 existing jobs.

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

If you are wondering how to raise money for a business in San Luis Obispo CA, you ought to talk with a local San Luis Obispo SBA lender or talk with an out-of-area SBA lender that has previously loaned money to San Luis Obispo businesses.

This SBA loan was for $4,000. How would you spend $4,000 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:

The Art of Bootstrapping

Who Lends Money to Small Businesses in San Luis Obispo, California

SBA California Lenders