Pacific City Bank SBA Loan to Beer, Wine, And Liquor Stores Company
Pacific City Bank and the SBA work together to get business loans for growing small businesses. Here's an example of how a Colorado entrepreneur was able to get a loan to take a small business to the next level.
This growing company knew how to go about getting a business bank loan. Based in Denver, Colorado, they applied for and received an SBA-guaranteed loan in 2007. The lending bank was Pacific City Bank, based in Los Angeles, California.
SBA Loan Borrower
COMPANY TYPE: BEER, WINE, AND LIQUOR STORES
Denver, CO 80219
SBA Loan Lender
PACIFIC CITY BANK
3701 WILSHIRE BLVD, STE 402
LOS ANGELES, CA 90010
This lender provides SBA business 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
5/24/2007
Loan Approval Gross Amount
$452,000
Loan Approval from the SBA
Of the total $452,000 loan amount, the SBA guaranteed $339,000.
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 4 employees. The loan application indicated that the loan would help retain 4 existing jobs.
Getting an SBA Loan For Your Business
If you are wondering how to find money to start a business or need money to grow a business, an SBA loan can be a great way to raise money
We can help you find the best banks for small businesses in Denver or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.
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:
Small Business Credit Cards
SBA Approved Banks in Los Angeles, California
Where to Get an SBA Loan California