SBA Loans for Beer, Wine, and Liquor Stores

Looking for SBA loans for beer, wine, and liquor stores? An SBA loan may be just what you've been looking for. This $1,028,000 beer, wine, and liquor stores loan was issued by a Georgia bank.

This small business received financial assistance through the SBA's lending programs back in 2003. They applied for an SBA loan with First Charter Bank, out of Lawrenceville, Georgia. The loan was granted and they received $1,028,000 to help grow their Athens, Georgia business.

SBA Loan Borrower

COMPANY TYPE: BEER, WINE, AND LIQUOR STORES
ATHENS, GA 30601

SBA Loan Lender

FIRST CHARTER BANK
165 NASH ST
LAWRENCEVILLE, GA 30045

Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

445310 - Beer, Wine, and Liquor Stores

Loan Approval Date

11/21/2003

Loan Approval Gross Amount

$1,028,000

Loan Approval from the SBA

Of the total $1,028,000 loan amount, the SBA guaranteed $771,000.

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 6 employees. The loan application indicated that the loan would help retain 6 existing jobs.

Next Steps for Getting an SBA Loan

SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory.

This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.

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:

Advice on Getting a Small Business Loan

Small Business Banks in Lawrenceville, Georgia

Where to Get an SBA Loan Georgia