Main Street Registry

Cherry Creek Beverage Inc.

Aurora, CO · Beer, Wine, and Liquor Retailers · NAICS 445320

Cherry Creek Beverage Inc. is a beer, wine, and liquor retailer in Aurora, Colorado, classified under NAICS code 445320. The business was financed with an SBA 7(a) loan for a change of ownership of $820,000, approved by Hanmi Bank on December 20, 2024.

SBA 7(a) loan, change of ownership, approved Dec 20, 2024

Gross approval
$820,000
SBA-guaranteed amount
$615,000 (75% of the approval)
Lender
Hanmi Bank, Los Angeles, CA
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
9.25%, variable
Term
10 years, 1 month (121 months)
Estimated maturity
January 20, 2035 (estimated, approval date plus term)
Estimated monthly payment
$10,446 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Jan 24, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
3
Business type
Corporation
NAICS
445320, Beer, Wine, and Liquor Retailers
Project location
Arapahoe County, CO
SBA district office
Colorado District Office
Congressional district
CO-06
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)

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 Colorado