Main Street Registry

High Mountain Liquor, LLC

Gunnison, CO · Beer, Wine, and Liquor Retailers · NAICS 445320

High Mountain Liquor, LLC is a beer, wine, and liquor retailer located in Gunnison, CO. The business was financed with an SBA 7(a) loan for a change of ownership of $1.26 million, approved by U.S. Bank, National Association on September 9, 2024.

SBA 7(a) loan, change of ownership, approved Sep 9, 2024

$1,260,000 approvedLender: U.S. Bank, National Association10 years termStatus not reported (SBA exemption)Loan details
Gross approval
$1,260,000
SBA-guaranteed amount
$945,000 (75% of the approval)
Lender
U.S. Bank, National Association, Cincinnati, OH
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
7.04%, fixed
Term
10 years (120 months)
Estimated maturity
September 9, 2034 (estimated, approval date plus term)
Estimated monthly payment
$14,656 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Oct 4, 2024
Loan status
Status not reported (SBA exemption)
Business type
Corporation
NAICS
445320, Beer, Wine, and Liquor Retailers
Project location
Gunnison County, CO
SBA district office
Colorado District Office
Congressional district
CO-03
Collateral
Yes
Guaranteed portion sold on secondary market
Not reported as sold
Revolving line of credit
No (term loan)
  • Larger than 66% 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 Colorado: $1,608,658.

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 Colorado