Borrowing Money for Beer and Ale Merchant Wholesalers

With these bank 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 $92,000 was given to a Pennsylvania entrepreneur in 2006.

This small firm knew how to go about getting a business bank loan. Based in Finleyville, Pennsylvania, they applied for and were awarded an SBA-guaranteed loan in 2006. The lending bank was National City Bank, based in Pittsburgh, Pennsylvania.

SBA Loan Borrower

COMPANY TYPE: BEER AND ALE MERCHANT WHOLESALERS
Finleyville, PA 15332

SBA Loan Lender

NATIONAL CITY BANK
20 STANWIX ST, NATIONAL CITY
PITTSBURGH, PA 15222

The lender provided this business 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

2/13/2006

Loan Approval Gross Amount

$92,000

Loan Approval from the SBA

Of the total $92,000 loan amount, the SBA guaranteed $46,000.

More Information on This SBA Loan

The borrower borrowed this money for a new 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 only one employee. The SBA loan application for the borrower indicated that the loan would help generate 4 new jobs and retain 1 existing job.

Great, But How Can I Get an SBA Loan for My Business?

The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need.

This SBA loan was for $92,000. How would you spend $92,000 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.

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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