Loan Census Banking News and Information
November 22, 2024  
 
 
  Business Loan Information  
 

Duluth, Georgia Bank for SBA Loans

 

 
Loan Census SBA Loan Info

Commercial Loans for Beer, Wine, and Liquor Stores

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 $460,000 was given to a Georgia entrepreneur in 2003.

This small business knew how to go about getting a business bank loan. Based in Duluth, Georgia, they applied for and were awarded an SBA-guaranteed loan in 2003. The lending bank was Quantum National Bank, based in Suwanee, Georgia.

SBA Loan Borrower

COMPANY TYPE: BEER, WINE, AND LIQUOR STORES
DULUTH, GA 30096

SBA Loan Lender

QUANTUM NATIONAL BANK
505 PEACHTREE IND BLVD
SUWANEE, GA 30024

This lender provides SBA debt financing 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

6/12/2003

Loan Approval Gross Amount

$460,000

Loan Approval from the SBA

Of the total $460,000 loan amount, the SBA guaranteed $345,000.

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 2 employees. This SBA loan request indicated that the loan would help retain 2 existing jobs.

Great, But How Can I Get an SBA Loan for My Business?

SBA loans provide money to small business owners for working capital for other expenses.

This SBA loan was for $460,000. How would you spend $460,000 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:

The Art of Bootstrapping

Who Lends Money to Small Businesses in Suwanee, Georgia

Where to Get an SBA Loan Georgia