SBA Loans for Beer, Wine, and Liquor Stores
Looking for SBA loans for beer, wine, and liquor stores? The SBA may be the answer. This $126,000 beer, wine, and liquor stores loan was issued by an Illinois bank.
Getting a small business loan in Centralia, Illinois was important for this small business back in 2007 and, based on their loan application, they were successful in getting an SBA loan from Peoples National Bank, operating out of Belleville, Illinois. Here are the details on this Illinois small business loan.
SBA Loan Borrower
COMPANY TYPE: BEER, WINE, AND LIQUOR STORES
CENTRALIA, IL 62801
SBA Loan Lender
PEOPLES NATIONAL BANK
6400 W MAIN ST
BELLEVILLE, IL 62223
This lender issued this business loan under the SBA's 7A loan, in which the SBA provides guaranteed loans to small business owners. This lending program was started in 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
445310 - Beer, Wine, and Liquor Stores
Loan Approval Date
5/7/2007
Loan Approval Gross Amount
$126,000
Loan Approval from the SBA
Of the total $126,000 loan amount, the SBA guaranteed $107,100.
More Information on This SBA Loan
The borrower borrowed this money for a new 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 3 employees. The loan application indicated that the loan would help create 3 new jobs.
Start the Process for Getting an SBA Loan Today!
SBA loans provide smart, affordable business financing for small businesses looking to expand.
Folks who know a lot about raising money for companies know that SBA guaranteed loans are a great funding source for small businesses. Talk to a bank like Peoples National Bank and they will explain how you can get an SBA loan for your company.
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:
Understanding Dilution
Good Banks for Small Business in Belleville, Illinois
Illinois SBA 7A Lenders