Bank Loans for Beer, Wine, and Liquor Stores
Looking for bank loans for beer, wine, and liquor stores? The SBA may be the answer. This $191,000 beer, wine, and liquor stores loan was issued by a California bank.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Fremont (centerville), California was able to borrow $191,000 from 1st Centennial Bank. The SBA made the loan possible by guaranteeing $143,250 of this California small business loan.
SBA Loan Borrower
COMPANY TYPE: BEER, WINE, AND LIQUOR STORES
FREMONT (CENTERVILLE), CA 94555
SBA Loan Lender
1ST CENTENNIAL BANK
218 E STATE ST
REDLANDS, CA 92373
This lender provides SBA bank 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
6/9/2005
Loan Approval Gross Amount
$191,000
Loan Approval from the SBA
Of the total $191,000 loan amount, the SBA guaranteed $143,250.
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 loan application indicated that the loan would help retain 2 existing jobs.
Next Steps for Getting an SBA Loan
Many small businesses receive loans backed by the U.S. Small Business Administration.
Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like 1st Centennial Bank that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).
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:
Famous Venture Capitalists
Best Redlands, California Banks for Small Business
Getting a Business Loan in California