Financing for Beer, Wine, and Liquor Stores
Looking for loans for beer, wine, and liquor stores? Talk to a banker who works with the SBA. This $1,220,000 beer, wine, and liquor stores loan was issued by a California bank.
This small firm received financial assistance through the SBA's lending programs back in 2001. They applied for an SBA loan with Community W. Bank, out of Goleta, California. The loan was granted and they received $1,220,000 to help grow their Atlanta, Georgia business.
SBA Loan Borrower
COMPANY TYPE: BEER, WINE, AND LIQUOR STORES
ATLANTA, GA 30327
SBA Loan Lender
COMMUNITY W. BANK
5827 HOLLISTER AVE
GOLETA, CA 93117
As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
445310 - Beer, Wine, and Liquor Stores
Loan Approval Date
8/23/2001
Loan Approval Gross Amount
$1,220,000
Loan Approval from the SBA
Of the total $1,220,000 loan amount, the SBA guaranteed $915,000.
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 4 employees. The SBA loan application for the borrower indicated that the loan would help retain 4 existing jobs.
Getting an SBA Loan For Your Business
SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.
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 $1,220,000 loan. Remember, if it to be, it is up to me!
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:
SBIR Funding
Good Banks for Small Business in Goleta, California
SBA Lenders in California