SBA Loan from Metrobank Helps Beer, Wine, And Liquor Stores Company
Metrobank has a track record as a leading provider of SBA loans. Find out how this Texas entrepreneur received an SBA loan from them.
This business received financial assistance through the SBA's lending programs back in 2006. They applied for an SBA loan with Metrobank, out of Houston, Texas. The loan was granted and they received $468,000 to help grow their Arlington, Texas business.
SBA Loan Borrower
COMPANY TYPE: BEER, WINE, AND LIQUOR STORES
ARLINGTON, TX 76013
SBA Loan Lender
METROBANK
9600 BELLAIRE BLVD
HOUSTON, TX 77036
This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
445310 - Beer, Wine, and Liquor Stores
Loan Approval Date
12/15/2006
Loan Approval Gross Amount
$468,000
Loan Approval from the SBA
Of the total $468,000 loan amount, the SBA guaranteed $351,000.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company
had 7 employees. The SBA loan application for the borrower indicated that the loan would help generate 2 new jobs and retain 5 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
If you are interested in getting money to start a business or need money to grow a business, an SBA loan can be a great source of funding.
If you need emergency business money, the SBA has special programs for you. We've put a spotlight on this loan from Metrobank so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.
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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