Greenlawn Wine Inc.
Greenlawn Wine Inc. is a beer, wine, and liquor retailer located in Greenlawn, New York, and is not a franchise. The company was financed with an SBA 7(a) loan for a change of ownership totaling $1.06 million, approved by Hanmi Bank on April 21, 2025.
SBA 7(a) loan, change of ownership, approved Apr 21, 2025
$1,060,000 approvedLender: Hanmi Bank25 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $1,060,000
- SBA-guaranteed amount
- $795,000 (75% of the approval)
- Lender
- Hanmi Bank, Los Angeles, CA
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 8.75%, variable
- Term
- 25 years (300 months)
- Estimated maturity
- April 21, 2050 (estimated, approval date plus term)
- Estimated monthly payment
- $8,715 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jun 11, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 3
- Business type
- Corporation
- NAICS
- 445320, Beer, Wine, and Liquor Retailers
- Project location
- Suffolk County, NY
- SBA district office
- New York District Office
- Congressional district
- NY-03
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 55% 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 New York: $1,771,512.
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.
Is this your company? Claim or correct this listing. See Corrections.
Same industry in New York
- Maa Durga LLC, New Paltz
- Ken Sun Spritz Inc., East Setauket
- Heartland Liquor Inc., Staten Island
- Rosehill Wines Liquors Inc., Thornwood
- K & W Fine Wines Spirits Inc., Franklin Square
- Shivaarti LLC, Westbury
- Jjan Wine & Liquors LLC, New Paltz
- 33 HM, Inc., Cicero