Loans for Wine and Distilled Alcoholic Beverage Wholesalers

With these loans for wine and distilled alcoholic beverage wholesalers, the SBA guarantees the lender that the loan will be repaid. This wine and distilled alcoholic beverage wholesalers loan for $83,000 was given to a New York entrepreneur in 2000.

Getting a small business loan in Hornell, New York was important for this company back in 2000 and, based on their loan application, they were successful in getting an SBA loan from Steuben Trust, operating out of Hornell, New York. Here are the details on this New York small business loan.

SBA Loan Borrower

COMPANY TYPE: WINE AND DISTILLED ALCOHOLIC BEVERAGES
HORNELL, NY 14843

SBA Loan Lender

STEUBEN TRUST
ONE STEUBEN SQ
HORNELL, NY 14843

This was a Low Documentation SBA loan. The SBA launched this program to reduce the paperwork associated with appliying for an SBA loan . The low-doc program is quick, requiring completion of only a one-page form for a loan of $50,000 or less. The limits have changed over time. Currently, $100,000 is the maximum loan amount.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5182 - Wine and Distilled Alcoholic Beverages

NAICS Code

422820 - Wine and Distilled Alcoholic Beverage Wholesalers

Loan Approval Date

1/11/2000

Loan Approval Gross Amount

$83,000

Loan Approval from the SBA

Of the total $83,000 loan amount, the SBA guaranteed $66,400.

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 3 employees. The loan application did not indicate that the company promised to use the loan proceeds to hire new employees or retain any existing employees.

Getting an SBA Loan For Your Business

Many small businesses receive loans backed by the U.S. Small Business Administration.

This company got an SBA loan. You can too! Maybe you need seed money for a small business? Maybe you need money to buy a business? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.

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:

Borrowing Money from Friends and Family

Where to Get an SBA Loan in Hornell, New York

SBA New York Banks