Beer, Wine, and Liquor Stores Commercial Loans
With these commercial 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 $525,000 was given to a Colorado entrepreneur in 2004.
This business knew how to go about getting a business bank loan. Based in Denver, Colorado, they applied for and were awarded an SBA-guaranteed loan in 2004. The lending bank was Premier Bank, based in Denver, Colorado.
SBA Loan Borrower
COMPANY TYPE: BEER, WINE, AND LIQUOR STORES
DENVER, CO 80219
SBA Loan Lender
PREMIER BANK
1630 STOUT ST
DENVER, CO 80202
This lender provides SBA loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
445310 - Beer, Wine, and Liquor Stores
Loan Approval Date
6/7/2004
Loan Approval Gross Amount
$525,000
Loan Approval from the SBA
Of the total $525,000 loan amount, the SBA guaranteed $393,750.
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 only one employee. The SBA loan application for the borrower indicated that the funding would help generate 5 new jobs.
Next Steps for Getting an SBA Loan
Many small businesses receive loans backed by the U.S. Small Business Administration.
Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.
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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