Financing for Beer, Wine, and Liquor Stores
Looking for loans for beer, wine, and liquor stores? Try the SBA. This $50,000 beer, wine, and liquor stores loan was issued by a Virginia bank.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Gibbon, Minnesota was able to borrow $50,000 from Capital One. The SBA made the loan possible by guaranteeing $25,000 of this Minnesota small business loan.
SBA Loan Borrower
COMPANY TYPE: BEER, WINE, AND LIQUOR STORES
GIBBON, MN 55335
SBA Loan Lender
CAPITAL ONE
1680 CAPITAL ONE DR
MCLEAN, VA 22102
This SBA small business loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.
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
445310 - Beer, Wine, and Liquor Stores
Loan Approval Date
11/19/2003
Loan Approval Gross Amount
$50,000
Loan Approval from the SBA
Of the total $50,000 loan amount, the SBA guaranteed $25,000.
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 3 employees. The loan application indicated that the loan would help retain 3 existing jobs.
Next Steps for Getting an SBA Loan
If you are wondering how to find money to start a business or need money to grow a business, an SBA loan can be a great source of funding.
We can help you find the best banks for small businesses in Gibbon or anywhere else for that matter. By talking to a number of banks about getting an SBA loan, you will increase your odds of success.
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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