Beer, Wine, and Liquor Stores Commercial Loans
Looking for commercial loans for beer, wine, and liquor stores? An SBA loan may be just what you've been looking for. This $250,000 beer, wine, and liquor stores loan was issued by a Colorado bank.
This small business received financial assistance through the SBA's lending programs back in 2001. They applied for an SBA loan with Premier Bank, out of Denver, Colorado. The loan was granted and they received $250,000 to help grow their Longmont, Colorado business.
SBA Loan Borrower
COMPANY TYPE: BEER, WINE, AND LIQUOR STORES
LONGMONT, CO 80501
SBA Loan Lender
PREMIER BANK
1630 STOUT ST
DENVER, CO 80202
Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
445310 - Beer, Wine, and Liquor Stores
Loan Approval Date
8/23/2001
Loan Approval Gross Amount
$250,000
Loan Approval from the SBA
Of the total $250,000 loan amount, the SBA guaranteed $187,500.
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 did not indicate that the company planned to use the money to add employees or retain any existing employees.
Next Steps for Getting an SBA Loan
Every year, the SBA guarantees over $10 billion for loans just like this one.
Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.
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:
The Friends and Family Network
Best Denver, Colorado Banks for Small Business
Getting a Business Loan in Colorado