Beer, Wine, and Liquor Stores Business Loans
Looking for business loans for beer, wine, and liquor stores? An SBA loan may be just what you've been looking for. This $310,927 beer, wine, and liquor stores loan was issued by a Mississippi bank.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Petal, Mississippi was able to borrow $310,927 from Guaranty Bank & Trust Co.. The SBA made the loan possible by guaranteeing $233,195 of this Mississippi small business loan.
SBA Loan Borrower
COMPANY TYPE: BEER, WINE, AND LIQUOR STORES
PETAL, MS 39465
SBA Loan Lender
GUARANTY BANK & TRUST CO.
201 EAST AVE SOUTH
HOLLANDALE, MS 38748
This lender issued this SBA business loan under the SBA 7A lending program , in which the SBA provides guaranteed loans to small business owners. This lending program began in 1953. In the early days of the SBA, these loans were issued directly by the SBA. Today, SBA loans are issued primarily through approved banks and lenders.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
445310 - Beer, Wine, and Liquor Stores
Loan Approval Date
7/8/2004
Loan Approval Gross Amount
$310,927
Loan Approval from the SBA
Of the total $310,927 loan amount, the SBA guaranteed $233,195.
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 2 employees. The loan application did not indicate that the company promised to use the funding to add employees or retain any existing employees.
Getting an SBA Loan For Your Business
For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.
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:
Raising Venture Capital
Best Banks in Hollandale, Mississippi
Browse All Business Loan Sources for Mississippi