A & G Liquor
A & G Liquor, based in Terre Haute, IN, is a beer, wine, and liquor retailer. The business was financed with an SBA 7(a) loan for a change of ownership of $1,525,000, approved on December 19, 2024 by Centerstone SBA Lending, Inc.
SBA 7(a) loan, change of ownership, approved Dec 19, 2024
$1,525,000 approvedLender: Centerstone SBA Lending, Inc.14 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $1,525,000
- SBA-guaranteed amount
- $1,143,750 (75% of the approval)
- Lender
- Centerstone SBA Lending, Inc., Los Angeles, CA
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9.5%, variable
- Term
- 14 years (168 months)
- Estimated maturity
- December 19, 2038 (estimated, approval date plus term)
- Estimated monthly payment
- $16,445 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Dec 31, 2024
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 38
- Business type
- Corporation
- NAICS
- 445320, Beer, Wine, and Liquor Retailers
- Project location
- Vigo County, IN
- SBA district office
- Indiana District Office
- Congressional district
- IN-08
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 76% of acquisition loans in Beer, Wine, and Liquor Retailers on this site.
- Average acquisition loan in Beer, Wine, and Liquor Retailers: $1,337,023.
- Average acquisition loan in Indiana: $1,995,900.
Loan amounts are the SBA approval, not a purchase price. Figures labeled estimated are derived on this site and are not published by the SBA.
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