How to Get a Loan for Supermarkets and Grocery Stores

Looking for business loans for supermarkets and grocery stores? Try the SBA. This $50,000 supermarkets and grocery stores loan was issued by a Wisconsin bank.

This small business knew how to go about getting a business bank loan. Based in Milwaukee, Wisconsin, they applied for and were awarded an SBA-guaranteed loan in 2005. The lending bank was Layton State Bank, based in Milwaukee, Wisconsin.

SBA Loan Borrower

COMPANY TYPE: SUPERMARKETS AND GROCERY STORES
MILWAUKEE, WI 53219

SBA Loan Lender

LAYTON STATE BANK
2740 W FOREST HOME AVE
MILWAUKEE, WI 53215

This loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

445110 - Supermarkets and Grocery Stores

Loan Approval Date

9/19/2005

Loan Approval Gross Amount

$50,000

Loan Approval from the SBA

Of the total $50,000 loan amount, the SBA guaranteed $25,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company had 100 employees. This SBA loan request indicated that the loan would help retain 100 existing jobs.

Next Steps for Getting an SBA Loan

SBA loans make it possible for banks to offer loans more easily and provide them with more flexible terms than conventional loan options.

We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.

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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