Small Business Loans for Beer and Ale Merchant Wholesalers
With these small business loans for beer and ale merchant wholesalers, the SBA guarantees the lender that the loan will be repaid. This beer and ale merchant wholesalers loan for $35,000 was given to a New Hampshire entrepreneur in 2003.
This company knew how to go about getting a business bank loan. Based in Franklin, New Hampshire, they applied for and were awarded an SBA-guaranteed loan in 2003. The lending bank was Rbc Centura Bank, based in Atlanta, Georgia.
SBA Loan Borrower
COMPANY TYPE: BEER AND ALE MERCHANT WHOLESALERS
FRANKLIN, NH 03235
SBA Loan Lender
RBC CENTURA BANK
3475 PIEDMONT RD NE, STE 550
ATLANTA, GA 30305
This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000.
SBA Loan Program Type
This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.
NAICS Code
424810 - Beer and Ale Merchant Wholesalers
Loan Approval Date
4/23/2003
Loan Approval Gross Amount
$35,000
Loan Approval from the SBA
Of the total $35,000 loan amount, the SBA guaranteed $17,500.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had only one employee. The SBA loan application for the borrower indicated that the loan would help generate 1 new job and retain 2 existing jobs.
Start the Process for Getting an SBA Loan Today!
SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.
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.
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