Beer, Wine, and Liquor Stores Small Business Loans

Looking for small business loans for beer, wine, and liquor stores? Try the SBA. This $65,000 beer, wine, and liquor stores loan was issued by a New York bank.

Getting a small business loan in Catskill, New York was important for this growing firm back in 2001 and, based on their loan application, they were successful in getting an SBA loan from First Niagara Bank, operating out of Hudson, New York. Here are the details on this New York small business loan.

SBA Loan Borrower

COMPANY TYPE: LIQUOR STORES
CATSKILL, NY 12414

SBA Loan Lender

FIRST NIAGARA BANK
1 HUDSON CITY CTR
HUDSON, NY 12354

This loan was provided via the SBA's LowDoc (Low Documentation) program. For these loans, the SBA can guarantee up to 80 percent of the loan amount. More importantly, completed applications are processed quickly by the SBA, usually within two or three days, and the required documentation to get a loan is minimal.

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

1/19/2001

Loan Approval Gross Amount

$65,000

Loan Approval from the SBA

Of the total $65,000 loan amount, the SBA guaranteed $55,250.

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 3 employees. This SBA loan request did not indicate that the business promised to use the funding to hire new employees or retain any existing employees.

Next Steps for Getting an SBA Loan

If you are wondering how to find money to start a business or need money to grow a business, an SBA loan can be a great source of funding.

We can help you find the best banks for small businesses in Catskill or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.

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:

Bank Credit Lines

Small Business Banks in Hudson, New York

Getting an SBA Loan in New York