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April 19, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > Los Angeles, Business Loans > Center Bank Los Angeles Business Loans > Beer, Wine, And Liquor Stores Loan | ||||
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Raising Money in Long Beach, California With SBA Loans
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Beer, Wine, and Liquor Stores SBA LoansLooking for SBA loans for beer, wine, and liquor stores? Try the SBA. This $242,500 beer, wine, and liquor stores loan was issued by a California bank. The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Long Beach, California was able to borrow $242,500 from Center Bank. The SBA made the loan possible by guaranteeing $181,875 of this California small business loan. SBA Loan Borrower COMPANY TYPE: BEER, WINE, AND LIQUOR STORES SBA Loan Lender CENTER BANK This lender provides SBA small business loans 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 3/23/2007 Loan Approval Gross Amount $242,500 Loan Approval from the SBA Of the total $242,500 loan amount, the SBA guaranteed $181,875. 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 3 employees. The SBA loan application for the borrower indicated that the loan would help retain 3 existing jobs. Next Steps for Getting an SBA Loan The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need. We've showcased information on this loan to let you know that businesses like yours can get an SBA loan. 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: Advice on Getting a Small Business Loan Best Los Angeles, California Banks for Small Business Getting a Business Loan in California
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