Raising Money for Beer, Wine, and Liquor Stores

Looking for bank loans for beer, wine, and liquor stores? An SBA loan may be just what you've been looking for. This $1,537,000 beer, wine, and liquor stores loan was issued by a Pennsylvania bank.

This company received financial assistance through the SBA's lending programs back in 2005. They applied for an SBA loan with Commerce Bank, out of Bensalem, Pennsylvania. The loan was granted and they received $1,537,000 to help grow their Sellersville, Pennsylvania business.

SBA Loan Borrower

COMPANY TYPE: BEER, WINE, AND LIQUOR STORES
Sellersville, PA 18960

SBA Loan Lender

COMMERCE BANK
GLENVIEW CORPORATE CENTER, ST
BENSALEM, PA 19020

Note that at the time it made this loan, this bank had achieved Preferred Lender Program (PLP) status from the U.S. Small Business Administration (SBA). PLP is the highest status given by the SBA to qualified lending institutions and gives the lending institution full authority to determine eligibility and credit worthiness of an applicant and to approve loans without prior review by the SBA.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

445310 - Beer, Wine, and Liquor Stores

Loan Approval Date

12/7/2005

Loan Approval Gross Amount

$1,537,000

Loan Approval from the SBA

Of the total $1,537,000 loan amount, the SBA guaranteed $1,152,750.

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 2 employees. This SBA loan request indicated that the loan would help create 2 new jobs.

Getting an SBA Loan For Your Business

Many small businesses receive loans backed by the U.S. Small Business Administration.

While you may be able to find other ways to get money to start a business, 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.

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