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November 23, 2024 |
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| Home > Small Business Lenders by State > Colorado Business Loan Sources > San Francisco, Business Loans > Bank Of The West San Francisco Business Loans > Liquor Stores Loan | ||||
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Bank Of The West Small Business Loan
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Beer, Wine, and Liquor Stores Small Business LoansLooking for small business loans for beer, wine, and liquor stores? The SBA may be the answer. This $515,000 beer, wine, and liquor stores loan was issued by a California bank. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Denver, Colorado was able to borrow $515,000 from Bank Of The West. The SBA made the loan possible by guaranteeing $386,250 of this Colorado small business loan. SBA Loan Borrower COMPANY TYPE: LIQUOR STORES SBA Loan Lender BANK OF THE WEST 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. SIC Code 5921 - Liquor Stores NAICS Code 445310 - Beer, Wine, and Liquor Stores Loan Approval Date 4/28/2000 Loan Approval Gross Amount $515,000 Loan Approval from the SBA Of the total $515,000 loan amount, the SBA guaranteed $386,250. 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 5 employees. The loan application indicated that the loan would help retain 2 existing jobs. Start the Process for Getting an SBA Loan Today! Don't apply for a loan directly with the SBA. You need to apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan. This SBA loan was for $515,000. How would you spend $515,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started. 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: Obtaining Funding From a Venture Capitalist SBA Participating Banks in San Francisco, California
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