Get an SBA Loan for Beer and Ale Wholesalers
With these loans for beer and ale wholesalers, the SBA guarantees the lender that the loan will be repaid. This beer and ale wholesalers loan for $75,000 was given to a Washington entrepreneur in 2001.
Getting a small business loan in Marlin, Washington was important for this growing firm back in 2001 and, based on their loan application, they were successful in getting an SBA loan from Wheatland Bank, operating out of Odessa, Washington. Here are the details on this Washington small business loan.
SBA Loan Borrower
COMPANY TYPE: BEER AND ALE
MARLIN, WA 98832
SBA Loan Lender
WHEATLAND BANK
22 E 1ST AVE
ODESSA, WA 99159
This lender issued this particular loan under the SBA Low Documentation program, which simplifies the SBA loan application process and emphasizes the borrower's character, credit history and projected cash flow.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
5181 - Beer and Ale
NAICS Code
422810 - Beer and Ale Wholesalers
Loan Approval Date
3/29/2001
Loan Approval Gross Amount
$75,000
Loan Approval from the SBA
Of the total $75,000 loan amount, the SBA guaranteed $63,750.
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 only one employee. This SBA loan request did not indicate that the small business promised to use the funding to hire new employees or retain any existing employees.
Start the Process for Getting an SBA Loan Today!
SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.
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.
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