A&J Florence Liquor LLC
A&J Florence Liquor LLC is a business in Florence, Arizona, in the supermarkets and other grocery retailers industry (NAICS 445110). The company was financed with an SBA 7(a) loan for a change of ownership, with a loan amount of $2,000,000 approved on July 19, 2024, through Southwestern National Bank.
SBA 7(a) loan, change of ownership, approved Jul 19, 2024
$2,000,000 approvedLender: Southwestern National Bank25 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $2,000,000
- SBA-guaranteed amount
- $1,500,000 (75% of the approval)
- Lender
- Southwestern National Bank, Houston, TX
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9.5%, variable
- Term
- 25 years (300 months)
- Estimated maturity
- July 19, 2049 (estimated, approval date plus term)
- Estimated monthly payment
- $17,474 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Aug 8, 2024
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 4
- Business type
- Corporation
- NAICS
- 445110, Supermarkets and Other Grocery Retailers (except Convenience Retailers)
- Project location
- Pinal County, AZ
- SBA district office
- Arizona District Office
- Congressional district
- AZ-01
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 70% of acquisition loans in Supermarkets and Other Grocery Retailers (except Convenience Retailers) on this site.
- Average acquisition loan in Supermarkets and Other Grocery Retailers (except Convenience Retailers): $1,791,981.
- Average acquisition loan in Arizona: $1,690,811.
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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Same industry in Arizona
- OEV Enterprises LLC, Tucson
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