SBA lending record
Island Bag Creations LLC
1140 Front St, Morro Bay, CA 93442 · Limited-Service Restaurants. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$350K
Total SBA financing
1
Loan on record
FY2025
On record
5
Jobs supported
● business — business location is the ZIP-area centroid from the public record
Is Island Bag Creations LLC your business?
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The loan
$350,000 — FY2025
- Gross approval
- $350,000
- SBA guaranteed
- $262,500 (75%)
- Status
- Current
- Rate at approval
- 10.5% v
- Term
- 120 mo (10 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Business purchase
- Approved
- 6/6/2025
- First disbursement
- 6/30/2025
- Days to fund
- 24 days
- Collateral
- Required
- Sold on secondary market
- Yes
- Jobs supported
The lender
VelocitySBA, LLC
1 loan to this businessFull lending record on the lender page.
Is Island Bag Creations LLC your business?
This page was built from public lending data. Claim it free to correct the details, tell your story, and control how your business shows up — or ask us to take it down.
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DealRoom listing built from public SBA 7(a) lending records and FDIC BankFind. Figures are as reported; verify before relying on them. Not affiliated with Island Bag Creations LLC.