Raising Money for Beer, Wine, and Liquor Stores
With these business loans for beer, wine, and liquor stores, the SBA guarantees the lender that the loan will be repaid. This beer, wine, and liquor stores loan for $222,000 was given to a Nebraska entrepreneur in 2003.
This business knew how to go about getting a business bank loan. Based in Columbus, Nebraska, they applied for and were awarded an SBA-guaranteed loan in 2003. The lending bank was Tierone Bank, based in Grand Island, Nebraska.
SBA Loan Borrower
COMPANY TYPE: BEER, WINE, AND LIQUOR STORES
COLUMBUS, NE 68601
SBA Loan Lender
TIERONE BANK
700 N WEBB RD
GRAND ISLAND, NE 68803
SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA small business loan was issued via the SBA 7a 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
2/25/2003
Loan Approval Gross Amount
$222,000
Loan Approval from the SBA
Of the total $222,000 loan amount, the SBA guaranteed $166,500.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company
had 4 employees. This SBA loan request indicated that the loan would help retain 4 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.
If you need emergency money for small business, the SBA has special programs for you. We've put a spotlight on this loan from Tierone Bank 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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