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November 15, 2024 |
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| Home > Small Business Lenders by State > Maryland Business Loan Sources > Annapolis, Business Loans > Bankannapolis Annapolis Business Loans > Liquor Stores Loan | ||||
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Annapolis, Maryland Bank Loan
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Beer, Wine, and Liquor Stores Business LoansLooking for business loans for beer, wine, and liquor stores? An SBA loan may be just what you've been looking for. This $800,000 beer, wine, and liquor stores loan was issued by a Maryland bank. This small business knew how to go about getting a business bank loan. Based in Annapolis, Maryland, they applied for and were awarded an SBA-guaranteed loan in 2004. The lending bank was Bankannapolis, based in Annapolis, Maryland. SBA Loan Borrower COMPANY TYPE: LIQUOR STORES SBA Loan Lender BANKANNAPOLIS SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This business loan was issued via the SBA 7a lending program. SBA Loan Program Type This loan was issued as a general business loan. SIC Code 5921 - Liquor Stores NAICS Code 445310 - Beer, Wine, and Liquor Stores Loan Approval Date 9/23/2004 Loan Approval Gross Amount $800,000 Loan Approval from the SBA Of the total $800,000 loan amount, the SBA guaranteed $600,000. More Information on This SBA Loan The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 11 employees. This SBA loan request did not indicate that the company planned to use the money to hire new employees or retain any existing employees. Great, But How Can I Get an SBA Loan for My Business? Every year, the SBA guarantees over $10 billion for loans just like this one. Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $800,000 loan. Remember, you control your own destiny. 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. Related Links: Good Banks for Small Business in Annapolis, Maryland
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