Loan Census Banking News and Information
May 4, 2024  
 
 
  Business Loan Information  
 

Banks in Colorado

 

 
Loan Census SBA Loan Info

Beer, Wine, and Liquor Stores Commercial Loans

Looking for commercial loans for beer, wine, and liquor stores? An SBA loan may be just what you've been looking for. This $439,500 beer, wine, and liquor stores loan was issued by a California bank.

This small business knew how to go about getting a business bank loan. Based in Castle Rock, Colorado, they applied for and were awarded an SBA-guaranteed loan in 2001. The lending bank was Center Bank, based in Los Angeles, California.

SBA Loan Borrower

COMPANY TYPE: BEER, WINE, AND LIQUOR STORES
CASTLE ROCK, CO 80104

SBA Loan Lender

CENTER BANK
3435 WILSHIRE BLVD, STE 700
LOS ANGELES, CA 90010

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

8/3/2001

Loan Approval Gross Amount

$439,500

Loan Approval from the SBA

Of the total $439,500 loan amount, the SBA guaranteed $329,625.

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 4 employees. The SBA loan documents indicated that the loan would help generate 1 new job and retain 5 existing jobs.

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

Every year, the SBA guarantees over $10 billion for loans just like this one.

This SBA loan was for $439,500. How would you spend $439,500 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:

Direct Public Offerings

SBA 7A Lenders in Los Angeles, California

Getting a Business Loan in California