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