Getting an SBA Loan for Beer, Wine, and Liquor Stores
Looking for business loans for beer, wine, and liquor stores? The SBA may be the answer. This $90,000 beer, wine, and liquor stores loan was issued by a Wisconsin bank.
This business knew how to go about getting a business bank loan. Based in Elm Grove, Wisconsin, they applied for and were awarded an SBA-guaranteed loan in 2006. The lending bank was M&i Marshall & Ilsley Bank, based in Milwaukee, Wisconsin.
SBA Loan Borrower
COMPANY TYPE: BEER, WINE, AND LIQUOR STORES
ELM GROVE, WI 53122
SBA Loan Lender
M&I MARSHALL & ILSLEY BANK
770 N WATER ST
MILWAUKEE, WI 53202
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
2/7/2006
Loan Approval Gross Amount
$90,000
Loan Approval from the SBA
Of the total $90,000 loan amount, the SBA guaranteed $67,500.
More Information on This SBA Loan
The borrower borrowed this money for a new business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had no employees. The loan application indicated that the loan would help create 3 new jobs.
Start the Process for Getting an SBA Loan Today!
If you are wondering how to raise money for a business in Elm Grove WI, you ought to talk with a local Elm Grove SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Elm Grove businesses.
Wondering how to raise money quickly? With the SBA's Preferred Lenders Program, LowDoc Program, SBAExpress and CommunityExpress loan programs, an SBA loan can be approved and funded in two days. This company did everything right to get a $90,000 loan. It's not easy, but why not give getting an SBA loan of your own a try?
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:
Role of Business Plan When Raising Money
SBA Banks in Milwaukee, Wisconsin
SBA Participating Banks in Wisconsin