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May 4, 2024 |
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| Home > Small Business Lenders by State > Massachusetts Business Loan Sources > Brockton, Business Loans > The Community Bank Brockton Business Loans > Beer, Wine, And Liquor Stores Loan | ||||
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SBA Lenders for East Bridgewater Business Owners
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Beer, Wine, and Liquor Stores Small Business LoansLooking for small business loans for beer, wine, and liquor stores? Talk to a banker who works with the SBA. This $461,413 beer, wine, and liquor stores loan was issued by a Massachusetts bank. This company knew how to go about getting a business bank loan. Based in East Bridgewater, Massachusetts, they applied for and were awarded an SBA-guaranteed loan in 2007. The lending bank was The Community Bank, based in Brockton, Massachusetts. SBA Loan Borrower COMPANY TYPE: BEER, WINE, AND LIQUOR STORES SBA Loan Lender THE COMMUNITY BANK The issuing bank for this loan is an SBA 7A lender. Under this program, banks that work with the SBA are able to provide commercial loans to American small businesses. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 445310 - Beer, Wine, and Liquor Stores Loan Approval Date 10/10/2007 Loan Approval Gross Amount $461,413 Loan Approval from the SBA Of the total $461,413 loan amount, the SBA guaranteed $346,059. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 2 employees. The loan application indicated that the borrowed money would help generate 2 new jobs. Next Steps for Getting an SBA Loan 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 firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank. 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: Family and Friend Investors - Your First Financiers Best Banks in Brockton, Massachusetts
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