Main Street Registry

Gurmeet Singh and Raj Kaur

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

Gurmeet Singh and Raj Kaur, located in Fresno, CA, operates in the beer, wine, and liquor retail industry. The business was financed with an SBA 7(a) loan for a change of ownership totaling $1 million, approved by PCB Bank on March 25, 2025.

SBA 7(a) loan, change of ownership, approved Mar 25, 2025

$1,000,000 approvedLender: PCB Bank25 years termStatus not reported (SBA exemption)Loan details
Gross approval
$1,000,000
SBA-guaranteed amount
$750,000 (75% of the approval)
Lender
PCB Bank, Los Angeles, CA
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
9%, variable
Term
25 years (300 months)
Estimated maturity
March 25, 2050 (estimated, approval date plus term)
Estimated monthly payment
$8,392 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Jun 3, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
2
Business type
LLC or partnership
NAICS
445320, Beer, Wine, and Liquor Retailers
Project location
Fresno County, CA
SBA district office
Fresno District Office
Congressional district
CA-16
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 49% 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