Loan Census Banking News and Information
December 22, 2024  
 
 
  Business Loan Information  
 

Sonora, California Bank Loan

 

 
Loan Census SBA Loan Info

Get an SBA Loan for Beer, Wine, and Liquor Stores

Looking for loans for beer, wine, and liquor stores? Try the SBA. This $213,700 beer, wine, and liquor stores loan was issued by a California bank.

This small firm received financial assistance through the SBA's lending programs back in 2001. They applied for an SBA loan with Umpqua Bank, out of Sonora, California. The loan was granted and they received $213,700 to help grow their Sonora, California business.

SBA Loan Borrower

COMPANY TYPE: BEER, WINE, AND LIQUOR STORES
SONORA, CA 95370

SBA Loan Lender

UMPQUA BANK
13775-C MONO WAY
SONORA, CA 95370

This loan for a small business was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

445310 - Beer, Wine, and Liquor Stores

Loan Approval Date

10/25/2001

Loan Approval Gross Amount

$213,700

Loan Approval from the SBA

Of the total $213,700 loan amount, the SBA guaranteed $160,275.

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 only one employee. The SBA loan application for the borrower did not indicate that the small business promised to use the money to hire new employees or retain any existing employees.

Getting an SBA Loan For Your Business

SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.

The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Umpqua Bank are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there 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:

Direct Public Offerings

Who Lends Money to Small Businesses in Sonora, California

Where to Get an SBA Loan California