The Ale House of Pacific Coast Inc
The Ale House of Pacific Coast Inc, located in Salinas, CA, operates in the beer, wine, and liquor retail industry. It was financed with an SBA 7(a) loan for a change of ownership of $1.23 million, approved on April 24, 2026, through Port 51 Lending LLC.
SBA 7(a) loan, change of ownership, approved Apr 24, 2026
$1,230,000 approvedLender: Port 51 Lending LLC10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $1,230,000
- SBA-guaranteed amount
- $922,500 (75% of the approval)
- Lender
- Port 51 Lending LLC, New York, NY
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9.75%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- April 24, 2036 (estimated, approval date plus term)
- Estimated monthly payment
- $16,085 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jun 30, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 20
- Business type
- Corporation
- NAICS
- 445320, Beer, Wine, and Liquor Retailers
- Project location
- Monterey County, CA
- SBA district office
- Fresno District Office
- Congressional district
- CA-20
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 64% 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 California: $1,688,228.
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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