Loan Census Banking News and Information
November 14, 2024  
 
 
  Business Loan Information  
 

Business Loans for Folsom Small Businesses

 

 
Loan Census SBA Loan Info

Where to Get Capital for Beer, Wine, and Liquor Stores

With these small business 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 $1,141,000 was given to a California entrepreneur in 2006.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Folsom, California was able to borrow $1,141,000 from Excel National Bank. The SBA made the loan possible by guaranteeing $855,750 of this California small business loan.

SBA Loan Borrower

COMPANY TYPE: BEER, WINE, AND LIQUOR STORES
FOLSOM, CA 95630

SBA Loan Lender

EXCEL NATIONAL BANK
9701 WILSHIRE BLVD
BEVERLY HILLS, CA 90212

This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

445310 - Beer, Wine, and Liquor Stores

Loan Approval Date

12/12/2006

Loan Approval Gross Amount

$1,141,000

Loan Approval from the SBA

Of the total $1,141,000 loan amount, the SBA guaranteed $855,750.

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. The SBA loan application for the borrower indicated that the loan would help retain 2 existing jobs.

Start the Process for Getting an SBA Loan Today!

Many small businesses receive loans backed by the U.S. Small Business Administration.

While you may be able to borrow money from friends and family, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications can get an SBA loan.

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:

Bank Credit Lines

Small Business Banks in Beverly Hills, California

California SBA Banks