Loan Census Banking News and Information
May 15, 2024  
 
 
  Business Loan Information  
 

I Need a Loan in Avis, Pennsylvania

 

 
Loan Census SBA Loan Info

SBA Loans for Beer and Ale Wholesalers

Looking for SBA loans for beer and ale wholesalers? The SBA may be the answer. This $217,300 beer and ale wholesalers loan was issued by a New York bank.

This business received financial assistance through the SBA's lending programs back in 2000. They applied for an SBA loan with Manufacturers & Traders Trust, out of Amherst, New York. The loan was granted and they received $217,300 to help grow their Avis, Pennsylvania business.

SBA Loan Borrower

COMPANY TYPE: BEER AND ALE
AVIS, PA 17721

SBA Loan Lender

MANUFACTURERS & TRADERS TRUST
4925 MAIN ST
AMHERST, NY 14226

This loan was sent in by an SBA Certified Lenders Program (CLP) lender. CLP lenders perform a comprehensive analysis of the loan application and, in return, SBA provides a quick answer on whether the loan qualifies.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

5181 - Beer and Ale

NAICS Code

422810 - Beer and Ale Wholesalers

Loan Approval Date

10/20/2000

Loan Approval Gross Amount

$217,300

Loan Approval from the SBA

Of the total $217,300 loan amount, the SBA guaranteed $162,975.

More Information on This SBA Loan

The borrower borrowed this money for an existing 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 2 employees. The SBA loan documents did not indicate that the company planned to use the loan proceeds to hire new employees or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

SBA loans can help growing businesses purchase or renovate real estate, acquire fixed assets such as heavy machinery or specialized equipment, borrow working capital for ongoing financing needs, or fund the acquisition of new businesses.

This SBA loan was for $217,300. How would you spend $217,300 on your business? If you apply for an SBA loan, you, like the entrepreneurs at this company, may soon be on your way to achieving your business goals. Contact a participating SBA lender to get started.

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:

The Art of Bootstrapping

SBA Approved Banks in Amherst, New York

New York SBA Banks