COASTAL BUSINESS FINANCE
930 S Broadway 101, Santa Maria, CA 93454 coastalbusinessfinance.com

Total Revenue
$529,712
Total Expenses
$495,648
Net Assets
$468,202

Organizations Filed Purposes: Founded in 1982, Coastal Business Finance is a California nonprofit corporation, licensed and certified by the U.S. Small Business Administration (SBA) to provide California businesses with low-cost, long-term financing. Coastal Business Finance is chartered by the federal government as a Certified Development Corporation (CDC), and by the SBA as an Accredited Lending Provider (ALP).

504 Loan Program-assists small businesses in obtaining SBA 504 loans. SBA 504 loans are a partnership between a CDC and a bank, or non-bank lender, to provide up to 90% financing for the purchase of commercial property, new construction, building expansion and remodeling, machinery and equipment with long useful lives, and the associated soft costs of construction and renovation, at fixed, below-market interest rates, with ten or twenty year repayment terms, to maximize working capital.

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
Brian KearnsExecutive Direc40$106,000
Steve MathisDirector4$0
Conrad StephensDirector1$0
Celeste Coelho-HudsonDirector1$0
Peter SterlingSecretary1$0
Leah WestDirector1$0
Karen NunoDirector1$0
Mike SellVICE CHAIRMAN1$0
Brooks WiseDirector1$0
Ed AndrisekChairman3$0
Gary WilliamsTreasurer3$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/201943579349300509_public.xml