Cask & Cork Southington LLC
Cask & Cork Southington LLC is a beer, wine, and liquor retailer located in Southington, Connecticut, classified under NAICS code 445320. The business was financed with an SBA 7(a) loan for a change of ownership totaling $2 million, approved by KeyBank National Association with an approval date of June 29, 2026.
SBA 7(a) loan, change of ownership, approved Jun 29, 2026
$2,000,000 approvedLender: KeyBank National Association10 years termCommitted, not fully disbursedLoan details
- Gross approval
- $2,000,000
- SBA-guaranteed amount
- $1,500,000 (75% of the approval)
- Lender
- KeyBank National Association, Cleveland, OH
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 6.75%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- June 29, 2036 (estimated, approval date plus term)
- Estimated monthly payment
- $22,965 Estimated payment at the initial rate over the full term; actual terms vary.
- Loan status
- Committed, not fully disbursed
- Jobs supported
- 11
- Business type
- Corporation
- NAICS
- 445320, Beer, Wine, and Liquor Retailers
- Project location
- Capitol County, CT
- SBA district office
- Connecticut District Office
- Congressional district
- CT-01
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 85% 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 Connecticut: $1,992,959.
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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