Beer, Wine, and Liquor Stores Small Business Loans

Looking for small business loans for beer, wine, and liquor stores? Talk to a banker who works with the SBA. This $55,300 beer, wine, and liquor stores loan was issued by an Oklahoma bank.

This small firm received financial assistance through the SBA's lending programs back in 2005. They applied for an SBA loan with First American Bank, out of Purcell, Oklahoma. The loan was granted and they received $55,300 to help grow their Norman, Oklahoma business.

SBA Loan Borrower

COMPANY TYPE: BEER, WINE, AND LIQUOR STORES
NORMAN, OK 73071

SBA Loan Lender

FIRST AMERICAN BANK
324 W MAIN ST
PURCELL, OK 73080

This lender issued this particular commercial 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.

NAICS Code

445310 - Beer, Wine, and Liquor Stores

Loan Approval Date

5/18/2005

Loan Approval Gross Amount

$55,300

Loan Approval from the SBA

Of the total $55,300 loan amount, the SBA guaranteed $47,005.

More Information on This SBA Loan

The borrower borrowed this money for a new 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 3 employees. This SBA loan request did not indicate that the company planned to use the funding to add employees or retain any existing employees.

Getting an SBA Loan For Your Business

SBA loan applications are made through a bank. The SBA guarantees a loan to the bank, so in case the borrower defaults, the bank is guaranteed a portion of the loan by the SBA.

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.

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