Small Business Loans for Beer, Wine, and Liquor Stores
With these small business loans for beer, wine, and liquor stores, the SBA guarantees the lender that the loan will be repaid. This beer, wine, and liquor stores loan for $1,900,000 was given to a Georgia entrepreneur in 2002.
This company knew how to go about getting a business bank loan. Based in Tyrone, Georgia, they applied for and were awarded an SBA-guaranteed loan in 2002. The lending bank was Citizens Bank & Tr - W. Georgia, based in Carrollton, Georgia.
SBA Loan Borrower
COMPANY TYPE: BEER, WINE, AND LIQUOR STORES
TYRONE, GA 30290
SBA Loan Lender
CITIZENS BANK & TR - W. GEORGIA
115 COLLEGE ST
CARROLLTON, GA 30117
This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA 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
9/27/2002
Loan Approval Gross Amount
$1,900,000
Loan Approval from the SBA
Of the total $1,900,000 loan amount, the SBA guaranteed $999,989.
More Information on This SBA Loan
The borrower borrowed this money for a new business. The SBA's records indicate that the loan was not for investment in a franchise. At the time of the loan, the company
had only one employee. The SBA loan documents indicated that the loan would help generate 8 new jobs and retain 1 existing job.
Getting an SBA Loan For Your Business
SBA 7(a) Loans can be used for nearly any business purpose, such as commercial real estate, construction or renovation for owner-users, business acquisition and start-up, franchise refinancing, refinancing for existing debt, equipment purchases, working capital, and inventory.
Unless you are not in a hurry to get an SBA loan, it's best to work with a bank like Citizens Bank & Tr - W. Georgia that has already issued SBA-guaranteed loans. To get an SBA loan fast, work with a bank that participates in the SBA's Preferred Lenders Program (PLP).
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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Good Banks for Small Business in Carrollton, Georgia
Georgia SBA 7A Lenders