Family Grocer Duvall LLC
Family Grocer Duvall LLC is a supermarket and grocery retailer located in Duvall, WA, in the NAICS category for supermarkets and other grocery retailers (except convenience retailers). The company was financed with an SBA 7(a) loan for a change of ownership totaling $3.2 million, approved on August 7, 2026, through Open Bank.
SBA 7(a) loan, change of ownership, approved Aug 7, 2026
$3,200,000 approvedLender: Open Bank25 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $3,200,000
- SBA-guaranteed amount
- $2,400,000 (75% of the approval)
- Lender
- Open Bank, Los Angeles, CA
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 8.25%, variable
- Term
- 25 years (300 months)
- Estimated maturity
- August 7, 2051 (estimated, approval date plus term)
- Estimated monthly payment
- $25,230 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Aug 14, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 26
- Business type
- Corporation
- NAICS
- 445110, Supermarkets and Other Grocery Retailers (except Convenience Retailers)
- Project location
- King County, WA
- SBA district office
- Seattle District Office
- Congressional district
- WA-01
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 82% 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 Washington: $1,784,595.
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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