Business Loans for Beer and Ale Merchant Wholesalers
With these 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 $5,000 was given to a New Hampshire entrepreneur in 2003.
This small business 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 Rbs Citizens, based in Norwood, Massachusetts.
SBA Loan Borrower
COMPANY TYPE: BEER AND ALE MERCHANT WHOLESALERS
FRANKLIN, NH 03235
SBA Loan Lender
RBS CITIZENS
725 CANTON ST
NORWOOD, MA 02062
The lender provided this commercial loan through the U.S. Small Business Administration (SBA) loan program called the SBA Express Loan program. SBA Express loans are typically used for working capital, inventory purchases and equipment financing.
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
$5,000
Loan Approval from the SBA
Of the total $5,000 loan amount, the SBA guaranteed $2,500.
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 only one employee. The SBA loan documents indicated that the loan would help generate 1 new job and retain 2 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.
We've showcased information on this loan to let you know that businesses like yours 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:
Getting a Small Business Loan
SBA 7A Banks for Norwood, Massachusetts Loans
SBA Participating Banks in Massachusetts