Where to Get Capital for Beer, Wine, and Liquor Stores
Looking for SBA loans for beer, wine, and liquor stores? An SBA loan may be just what you've been looking for. This $80,000 beer, wine, and liquor stores loan was issued by a California bank.
This business knew how to go about getting a business bank loan. Based in Sun Valley, California, they applied for and were awarded an SBA-guaranteed loan in 2004. The lending bank was Wilshire State Bank, based in Los Angeles, California.
SBA Loan Borrower
COMPANY TYPE: BEER, WINE, AND LIQUOR STORES
SUN VALLEY, CA 91352
SBA Loan Lender
WILSHIRE STATE BANK
3200 WILSHIRE BLVD
LOS ANGELES, CA 90010
This lender processed this business loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.
SBA Loan Program Type
This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.
NAICS Code
445310 - Beer, Wine, and Liquor Stores
Loan Approval Date
8/16/2004
Loan Approval Gross Amount
$80,000
Loan Approval from the SBA
Of the total $80,000 loan amount, the SBA guaranteed $40,000.
More Information on This SBA Loan
The borrower borrowed this money for an existing business. According to the loan information, this was not a franchise loan. At the time of the loan, the company
had only one employee. The SBA loan application for the borrower indicated that the loan would help retain 1 existing job.
Great, But How Can I Get an SBA Loan for My Business?
If you are wondering how to raise money for a company in Sun Valley CA, you ought to talk with a local Sun Valley SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Sun Valley businesses.
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:
Obtaining Funding - How to Decide How Much to Raise
SBA Approved Banks in Los Angeles, California
Where to Get an SBA Loan California