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November 21, 2024 |
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| Home > Small Business Lenders by State > New York Business Loan Sources > Philadelphia, Business Loans > Commerce Bank Philadelphia Business Loans > Wine And Distilled Alcoholic Beverage Wholesalers Loan | ||||
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SBA Lender New York New York
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Wine and Distilled Alcoholic Beverage Wholesalers Commercial LoansWith these commercial loans for wine and distilled alcoholic beverage wholesalers, the SBA guarantees the lender that the loan will be repaid. This wine and distilled alcoholic beverage wholesalers loan for $400,000 was given to a New York entrepreneur in 2002. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in New York, New York was able to borrow $400,000 from Commerce Bank. The SBA made the loan possible by guaranteeing $300,000 of this New York small business loan. SBA Loan Borrower COMPANY TYPE: WINE AND DISTILLED ALCOHOLIC BEVERAGE WHOLESALERS SBA Loan Lender COMMERCE BANK 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 422820 - Wine and Distilled Alcoholic Beverage Wholesalers Loan Approval Date 2/27/2002 Loan Approval Gross Amount $400,000 Loan Approval from the SBA Of the total $400,000 loan amount, the SBA guaranteed $300,000. 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 11 employees. The SBA loan documents indicated that the loan would help retain 11 existing jobs. Start the Process for Getting an SBA Loan Today! If you need money to start a small business or already have a business and need money to expand, an SBA loan can be a great source of funding. 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. Related Links: SBA 7A Banks for Philadelphia, Pennsylvania Loans
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