What happened
The FAA’s narrative, in sentence case. The FAA writes it in capitals and removes private details.
(-23) The a/c was departing San Luis Obispo, CA (sbp) airport for long beach, CA on runway 29 which is 4,799 feet in length. The distant required for takeoff was 3,900 feet. The a/c takeoff weight was less than the weight required for the runway. Approx. five knots prior to VI, a very loud bang and air noise was heard followed by the second pilot privacy data omitted calling out "abort! Abort! Abort! The pilot immediately scanned the instruments which revealed that a red light was illuminated on the emergency panel. The air noise, quite extreme, persisted, as did privacy data omittedcallouts to abort. Due to the short runway, there was a minimal time in which to react. Therefore, the pilot made a decision to abort. He simultaneously applied maximum braking,went into full reversing and called for the extension of the lift dumpers. The anti-skid system was functioning and the nose wheel steering kept the a/c on the center of the runway. It appeared for a moment that the a/c would come to a complete stop short of the end of the runway. At that moment the pilot felt the anti-skid release and the plane surged forward and went approx. 35 feet past end of runway.
As the FAA filed it
(-23) THE A/C WAS DEPARTING SAN LUIS OBISPO, CA (SBP) AIRPORT FOR LONG BEACH, CA ON RUNWAY 29 WHICH IS 4,799 FEET IN LENGTH. THE DISTANT REQUIRED FOR TAKEOFF WAS 3,900 FEET. THE A/C TAKEOFF WEIGHT WAS LESS THAN THE WEIGHT REQUIRED FOR THE RUNWAY. APPROX. FIVE KNOTS PRIOR TO VI, A VERY LOUD BANG AND AIR NOISE WAS HEARD FOLLOWED BY THE SECOND PILOT ^PRIVACY DATA OM^ CALLING OUT "ABORT! ABORT! ABORT! THE PILOT IMMEDIATELY SCANNED THE INSTRUMENTS WHICH REVEALED THAT A RED LIGHT WAS ILLUMINATED ON THE EMERGENCY PANEL. THE AIR NOISE, QUITE EXTREME, PERSISTED, AS DID ^PRIVACY DA^CALLOUTS TO ABORT. DUE TO THE SHORT RUNWAY, THERE WAS A MINIMAL TIME IN WHICH TO REACT. THEREFORE, THE PILOT MADE A DECISION TO ABORT. HE SIMULTANEOUSLY APPLIED MAXIMUM BRAKING,WENT INTO FULL REVERSING AND CALLED FOR THE EXTENSION OF THE LIFT DUMPERS. THE ANTI-SKID SYSTEM WAS FUNCTIONING AND THE NOSE WHEEL STEERING KEPT THE A/C ON THE CENTER OF THE RUNWAY. IT APPEARED FOR A MOMENT THAT THE A/C WOULD COME TO A COMPLETE STOP SHORT OF THE END OF THE RUNWAY. AT THAT MOMENT THE PILOT FELT THE ANTI-SKID RELEASE AND THE PLANE SURGED FORWARD AND WENT APPROX. 35 FEET PAST END OF RUNWAY.