Financing for Beer, Wine, and Liquor Stores
Looking for commercial loans for beer, wine, and liquor stores? Try the SBA. This $250,000 beer, wine, and liquor stores loan was issued by a Connecticut bank.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Dayville, Connecticut was able to borrow $250,000 from People's United Bank. The SBA made the loan possible by guaranteeing $187,500 of this Connecticut small business loan.
SBA Loan Borrower
COMPANY TYPE: BEER, WINE, AND LIQUOR STORES
DAYVILLE, CT 06241
SBA Loan Lender
PEOPLE'S UNITED BANK
850 MAIN ST
BRIDGEPORT, CT 06604
This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA 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
3/8/2005
Loan Approval Gross Amount
$250,000
Loan Approval from the SBA
Of the total $250,000 loan amount, the SBA guaranteed $187,500.
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 9 employees. The loan application indicated that the loan would help retain 9 existing jobs.
Getting an SBA Loan For Your Business
SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.
We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.
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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