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May 1, 2024 |
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| Home > Small Business Lenders by State > California Business Loan Sources > Beverly Hills, Business Loans > Excel National Bank Beverly Hills Business Loans > Beer, Wine, And Liquor Stores Loan | ||||
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What Does It Take to Get a Business Loan in Sacramento, California?
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Financing for Beer, Wine, and Liquor StoresWith these commercial loans for beer, wine, and liquor stores, the SBA guarantees the lender that the loan will be repaid. This beer, wine, and liquor stores loan for $796,000 was given to a California entrepreneur in 2007. This business received financial assistance through the SBA's lending programs back in 2007. They applied for an SBA loan with Excel National Bank, out of Beverly Hills, California. The loan was granted and they received $796,000 to help grow their Sacramento, California business. SBA Loan Borrower COMPANY TYPE: BEER, WINE, AND LIQUOR STORES SBA Loan Lender EXCEL NATIONAL BANK This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 445310 - Beer, Wine, and Liquor Stores Loan Approval Date 2/20/2007 Loan Approval Gross Amount $796,000 Loan Approval from the SBA Of the total $796,000 loan amount, the SBA guaranteed $597,000. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 2 employees. The SBA loan documents indicated that the loan would help generate 1 new job and retain 2 existing jobs. Next Steps for Getting an SBA Loan If you need money to start a small business or need money to grow a business, an SBA loan can be a great source of funding. This company got an SBA loan. You can too! Maybe you are raising money for operating expenses? Maybe you want money to buy a franchise? Regardless of why you need money, guaranteed SBA loans may be the right answer for you. 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: Best Beverly Hills, California Banks for Small Business
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