Loans for Wine and Distilled Alcoholic Beverage Wholesalers
With these loans for wine and distilled alcoholic beverage wholesalers, the SBA guarantees the lender that the loan will be repaid. This wine and distilled alcoholic beverage wholesalers loan for $180,000 was given to a Virginia entrepreneur in 2001.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Alexandria, Virginia was able to borrow $180,000 from Wachovia Sba Lending, Inc.. The SBA made the loan possible by guaranteeing $135,000 of this Virginia small business loan.
SBA Loan Borrower
COMPANY TYPE: WINE AND DISTILLED ALCOHOLIC BEVERAGE WHOLESALERS
ALEXANDRIA, VA 22301
SBA Loan Lender
WACHOVIA SBA LENDING, INC.
1620 E. ROSEVILLE PKWY, STE 1
ROSEVILLE, CA 95661
This lender provides SBA loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
422820 - Wine and Distilled Alcoholic Beverage Wholesalers
Loan Approval Date
5/25/2001
Loan Approval Gross Amount
$180,000
Loan Approval from the SBA
Of the total $180,000 loan amount, the SBA guaranteed $135,000.
More Information on This SBA Loan
The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had only one employee. The loan application indicated that the funding would help generate 2 new jobs.
Great, But How Can I Get an SBA Loan for My Business?
SBA loans provide money to small business owners for working capital for other expenses.
While you may be able to find other ways to get money to start a business, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan.
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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