Beer, Wine, and Liquor Stores Loans
Looking for loans for beer, wine, and liquor stores? Talk to a banker who works with the SBA. This $360,000 beer, wine, and liquor stores loan was issued by a Minnesota bank.
Getting a small business loan in Cottage Grove, Minnesota was important for this company back in 2002 and, based on their loan application, they were successful in getting an SBA loan from Landmark Commun Bank, operating out of Isanti, Minnesota. Here are the details on this Minnesota small business loan.
SBA Loan Borrower
COMPANY TYPE: BEER, WINE, AND LIQUOR STORES
COTTAGE GROVE, MN 55016
SBA Loan Lender
LANDMARK COMMUN BANK
29 W MAIN ST
ISANTI, MN 55040
This lender provides SBA debt financing 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
5/20/2002
Loan Approval Gross Amount
$360,000
Loan Approval from the SBA
Of the total $360,000 loan amount, the SBA guaranteed $270,000.
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 2 employees. The SBA loan documents indicated that the loan would help generate 4 new jobs and retain 6 existing jobs.
Great, But How Can I Get an SBA Loan for My Business?
For small businesses in need of money, an SBA guaranteed loan is often the best way to obtain financing.
Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $360,000 loan. Remember, feel the fear, and do it anyway.
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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