SBA Loans for Beer, Wine, and Liquor Stores
Looking for SBA loans for beer, wine, and liquor stores? The SBA may be the answer. This $680,000 beer, wine, and liquor stores loan was issued by a California bank.
The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in San Clemente, California was able to borrow $680,000 from Pacific Western Bank. The SBA made the loan possible by guaranteeing $510,000 of this California small business loan.
SBA Loan Borrower
COMPANY TYPE: LIQUOR STORES
SAN CLEMENTE, CA 92672
SBA Loan Lender
PACIFIC WESTERN BANK
900 CANTERBURY PL
ESCONDIDO, CA 92025
As a member of the SBA's Preferred Lender Program (PLP), this bank is able to streamline the underwriting process and provide a favorable credit decision on behalf of the SBA for long-term loans. PLP lenders can cut through the red tape and accelerate the loan approval process.
SBA Loan Program Type
This loan was issued as a general business loan.
SIC Code
5921 - Liquor Stores
NAICS Code
445310 - Beer, Wine, and Liquor Stores
Loan Approval Date
3/29/2000
Loan Approval Gross Amount
$680,000
Loan Approval from the SBA
Of the total $680,000 loan amount, the SBA guaranteed $510,000.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company
had 2 employees. The loan application indicated that the loan would help generate 2 new jobs and retain 2 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
SBA guaranteed loans are made by private lenders and are guaranteed by the SBA with funds appropriated by Congress.
While you may be able to borrow money from friends and family, the SBA is a tried and true source for small business loan guarantees. This loan shows that any business with ambition and the right qualifications 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:
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Getting an SBA Loan in California