Financing for Beer, Wine, and Liquor Stores
Looking for commercial loans for beer, wine, and liquor stores? The SBA may be the answer. This $645,500 beer, wine, and liquor stores loan was issued by a California bank.
This small business received financial assistance through the SBA's lending programs back in 2006. They applied for an SBA loan with Hanmi Bank, out of Los Angeles, California. The loan was granted and they received $645,500 to help grow their Los Angeles, California business.
SBA Loan Borrower
COMPANY TYPE: BEER, WINE, AND LIQUOR STORES
Los Angeles, CA 90003
SBA Loan Lender
HANMI BANK
3245 WILSHIRE BLVD
LOS ANGELES, CA 90010
This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA 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
8/4/2006
Loan Approval Gross Amount
$645,500
Loan Approval from the SBA
Of the total $645,500 loan amount, the SBA guaranteed $484,125.
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 SBA loan application for the borrower indicated that the loan would help retain 2 existing jobs.
Getting an SBA Loan For Your Business
SBA loans provide money to small business owners for working capital for other expenses.
If you need emergency money for small business, the SBA has special programs for you. We've put a spotlight on this loan from Hanmi Bank so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.
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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