Business Loan from Coast National Bank Given to Used Household And Office Goods Moving Company
Coast National Bank has a track record as a leading provider of SBA loans. Find out how this California entrepreneur received an SBA loan from them.
Getting a small business loan in San Luis Obispo, California was an essential business goal for this firm back in 2008 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: 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 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
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. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company
had 145 employees. The loan application indicated that the loan would help generate 124 new jobs and retain 145 existing jobs.
Getting an SBA Loan For Your Business
For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.
Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $1,500 loan. It's not easy, but why not give getting an SBA loan of your own a try?
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.
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