Delaware Small Business Loan Issued to Beer, Wine, And Liquor Stores Company

Business loans in Delaware are are few and far betweeen these days. We take a look at one Delaware business loan, provided by a Rhode Island bank, that was approved by the SBA.

Getting a small business loan in Townsend, Delaware was a top priority for this SBA-financed company back in 2004 and, based on their loan application, they were successful in getting an SBA loan from Home Loan Invest Bank F.S.B.. Here are the details on this Delaware small business loan.

SBA Loan Borrower

COMPANY TYPE: BEER, WINE, AND LIQUOR STORES
TOWNSEND, DE 19734

SBA Loan Lender

HOME LOAN INVEST BANK F.S.B.
1 HOME LOAN PLAZA, STE 3
WARWICK, RI 02886

This lender provides SBA bank loans as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

445310 - Beer, Wine, and Liquor Stores

Loan Approval Date

7/23/2004

Loan Approval Gross Amount

$240,000

Loan Approval from the SBA

Of the total $240,000 loan amount, the SBA guaranteed $180,000.

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 only one employee. The SBA loan documents indicated that the loan would help retain 1 existing job.

Getting an SBA Loan For Your Business

If you want money for new small business in Townsend DE, you ought to talk with a local Townsend SBA lender or talk with an out-of-area SBA lender that has previously loaned money to Townsend businesses.

If you need emergency money for small business, the SBA has special programs for you. We've put a spotlight on this loan from Home Loan Invest Bank F.S.B. so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.

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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