Beer, Wine, and Liquor Stores Business Loans
Looking for business loans for beer, wine, and liquor stores? The SBA may be the answer. This $1,884,000 beer, wine, and liquor stores loan was issued by an Illinois bank.
This small business received financial assistance through the SBA's lending programs back in 2007. They applied for an SBA loan with Banco Popular North America, out of Rosemont, Illinois. The loan was granted and they received $1,884,000 to help grow their Kissimmee, Florida business.
SBA Loan Borrower
COMPANY TYPE: BEER, WINE, AND LIQUOR STORES
KISSIMMEE, FL 34747
SBA Loan Lender
BANCO POPULAR NORTH AMERICA
9600 W BRYN MAWR
ROSEMONT, IL 60018
SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA loan was issued via the SBA 7a lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
445310 - Beer, Wine, and Liquor Stores
Loan Approval Date
5/30/2007
Loan Approval Gross Amount
$1,884,000
Loan Approval from the SBA
Of the total $1,884,000 loan amount, the SBA guaranteed $1,413,000.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company
had 10 employees. The loan application indicated that the loan would help retain 10 existing jobs.
Getting an SBA Loan For Your Business
Remember, you apply for an SBA loan with a local or national bank, not with the SBA. The bank processes the loan and gives you the money, and the SBA simply guarantees a portion of the loan.
This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank.
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:
Microlending as a Small Business Funding Source
SBA 7A Lenders in Rosemont, Illinois
Illinois SBA Banks