Loan Census Banking News and Information
May 18, 2024  
 
 
  Business Loan Information  
 

We Needed an SBA 7A Loan in West Bend, Wisconsin and We Got One!

 

 
Loan Census SBA Loan Info

Commercial Loans for Beer, Wine, and Liquor Stores

Looking for commercial loans for beer, wine, and liquor stores? Try the SBA. This $108,900 beer, wine, and liquor stores loan was issued by a Wisconsin bank.

This small business received financial assistance through the SBA's lending programs back in 2006. They applied for an SBA loan with First National Bank - Hartford, out of Hartford, Wisconsin. The loan was granted and they received $108,900 to help grow their West Bend, Wisconsin business.

SBA Loan Borrower

COMPANY TYPE: BEER, WINE, AND LIQUOR STORES
WEST BEND, WI 53090

SBA Loan Lender

FIRST NATIONAL BANK - HARTFORD
116 W SUMNER ST
HARTFORD, WI 53027

This business loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

445310 - Beer, Wine, and Liquor Stores

Loan Approval Date

12/8/2006

Loan Approval Gross Amount

$108,900

Loan Approval from the SBA

Of the total $108,900 loan amount, the SBA guaranteed $54,450.

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. This SBA loan request indicated that the loan would help create 2 new jobs.

Getting an SBA Loan For Your Business

SBA loans provide money to small business owners for working capital for other expenses.

If you need emergency business money, the SBA has special programs for you. We've put a spotlight on this loan from First National Bank - Hartford so you can get a feel for how SBA loans work. Applying for an SBA loan starts with a visit to a banker that works with the SBA.

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:

Microlending as a Small Business Funding Source

Where to Get an SBA Loan in Hartford, Wisconsin

Where to Get an SBA Loan Wisconsin