Main Street Registry

Family Nep Convenience Inc

Dallas, TX · Beer, Wine, and Liquor Retailers · NAICS 445320

Family Nep Convenience Inc is a business in Dallas, TX in the beer, wine, and liquor retail industry (NAICS 445320). It was financed with an SBA 7(a) loan for a change of ownership totaling $1,136,000, approved on September 25, 2026 by American Continental Bank.

SBA 7(a) loan, change of ownership, approved Sep 25, 2026

$1,136,000 approvedLender: American Continental Bank25 years termCommitted, not fully disbursedLoan details
Gross approval
$1,136,000
SBA-guaranteed amount
$852,000 (75% of the approval)
Lender
American Continental Bank, City of Industry, CA
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
8%, variable
Term
25 years (300 months)
Estimated maturity
September 25, 2051 (estimated, approval date plus term)
Estimated monthly payment
$8,768 Estimated payment at the initial rate over the full term; actual terms vary.
Loan status
Committed, not fully disbursed
Jobs supported
3
Business type
Corporation
NAICS
445320, Beer, Wine, and Liquor Retailers
Project location
Dallas County, TX
SBA district office
Dallas / Ft Worth District Office
Congressional district
TX-05
Collateral
Yes
Guaranteed portion sold on secondary market
Not reported as sold
Revolving line of credit
No (term loan)
  • Larger than 60% 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 Texas: $1,944,682.

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 Texas