The SBDC advisor who helped us apply for the loan has been working diligently and meticulously to serve us during the whole process. We have benefited greatly from his professional knowledge and excellent working attitudes!
Impressions Orient Inc. has been doing business in San Francisco Chinatown since 2009. It is a gift shop that sells Chinese arts and crafts, and provides customized paintings upon requests.
Mr. and Mrs. Luo wanted to renovate the shop and enhance their merchandises for the upcoming summer, which is typically a peak season for their business, but short of working capital.
Right after knowing the client’s needs in November 2017, SBDC advisor helped the client apply for a small business loan through Main Street Launch. The 3.5% low-interest City Revolving Loan Program is a perfect solution to their financial needs. During the entire process, SBDC advisor provided technical and language assistance to make sure the client understood every step in the loan application process and prepared necessary documentation.
On January 31, 2018, Mr. and Mrs. Luo were so delighted to sign the Promissory Note and received a $30,000 check from the Main Street Launch. They have utilized the fund to upgrade the showcase of the shop and have placed orders for new merchandises and got ready for the upcoming peak business season.