Where to Get Capital for Beer, Wine, and Liquor Stores
Looking for small business loans for beer, wine, and liquor stores? Try the SBA. This $250,000 beer, wine, and liquor stores loan was issued by an Ohio bank.
Getting a small business loan in Solon, Ohio was important for this company back in 2002 and, based on their loan application, they were successful in getting an SBA loan from The Huntington National Bank, operating out of Warren, Ohio. Here are the details on this Ohio small business loan.
SBA Loan Borrower
COMPANY TYPE: BEER, WINE, AND LIQUOR STORES
SOLON, OH 44139
SBA Loan Lender
THE HUNTINGTON NATIONAL BANK
108 MAIN AVE SW
WARREN, OH 44482
SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA loan was issued via the SBA 7a lending program.
SBA Loan Program Type
This loan was issued as a general business loan.
NAICS Code
445310 - Beer, Wine, and Liquor Stores
Loan Approval Date
4/19/2002
Loan Approval Gross Amount
$250,000
Loan Approval from the SBA
Of the total $250,000 loan amount, the SBA guaranteed $187,500.
More Information on This SBA Loan
The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company
had 5 employees. The loan application did not indicate that the company promised to use the loan proceeds to add employees or retain any existing employees.
Next Steps for Getting an SBA Loan
SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.
This company got an SBA loan. You can too! Maybe you want money for start up business? Maybe you have a business and need capital to get to the next level? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.
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:
Dealing With Venture Capitalists
SBA 7A Banks for Warren, Ohio Loans
Ohio SBA Bank Lenders