Main Street Registry

Fremont Center Liquor and More

Stockton, CA · Beer, Wine, and Liquor Retailers · NAICS 445320

Fremont Center Liquor and More is a beer, wine, and liquor retailer in Stockton, California, classified under NAICS code 445320. The business was financed with an SBA 7(a) loan for a change of ownership of $697,000, approved on July 26, 2024 by First Bank of the Lake.

SBA 7(a) loan, change of ownership, approved Jul 26, 2024

$697,000 approvedLender: First Bank of the Lake10 years termStatus not reported (SBA exemption)Loan details
Gross approval
$697,000
SBA-guaranteed amount
$522,750 (75% of the approval)
Lender
First Bank of the Lake, Osage Beach, MO
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
10.75%, variable
Term
10 years (120 months)
Estimated maturity
July 26, 2034 (estimated, approval date plus term)
Estimated monthly payment
$9,503 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Sep 6, 2024
Loan status
Status not reported (SBA exemption)
Jobs supported
3
Business type
Corporation
NAICS
445320, Beer, Wine, and Liquor Retailers
Project location
San Joaquin County, CA
SBA district office
Sacramento District Office
Congressional district
CA-09
Collateral
Yes
Guaranteed portion sold on secondary market
Not reported as sold
Revolving line of credit
No (term loan)
  • Larger than 23% 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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Same industry in California