Raising Money for Used Household and Office Goods Moving

Looking for business loans for used household and office goods moving? Try the SBA. This $1,500 used household and office goods moving loan was issued by a California bank.

This business received financial assistance through the SBA's lending programs back in 2008. They applied for an SBA loan with Coast National Bank, out of San Luis Obispo, California. The loan was granted and they received $1,500 to help grow their San Luis Obispo, California business.

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

This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000.

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

1/11/2008

Loan Approval Gross Amount

$1,500

Loan Approval from the SBA

Of the total $1,500 loan amount, the SBA guaranteed $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 145 employees. The SBA loan application for the borrower indicated that the loan would help generate 124 new jobs and retain 145 existing jobs.

Start the Process for Getting an SBA Loan Today!

If you need money to start 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.

SBA loan guarantees are not loans per se. The SBA simply guarantees the loan, but banks and other lending institutions grant you the loan and give you the money. So, just as this company walked into Coast National Bank and applied for an SBA loan, you have to do the same thing. You need to demonstrate business strength and potential, but the sooner you start, the faster you'll get the money if you qualify!

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:

Obtaining Funding - Friends and Family

SBA Banks in San Luis Obispo, California

SBA California Lenders