Main Street Registry

Kaywood Liquors

Mount Rainier, MD · Beer, Wine, and Liquor Retailers · NAICS 445320

Kaywood Liquors, located in Mount Rainier, Maryland, is classified under the SBA industry Beer, Wine, and Liquor Retailers (NAICS 445320). The business was financed with an SBA 7(a) loan for a change of ownership of $725,000, approved by Open Bank on October 31, 2024, with 7 jobs reported.

SBA 7(a) loan, change of ownership, approved Oct 31, 2024

$725,000 approvedLender: Open Bank10 years termStatus not reported (SBA exemption)Loan details
Gross approval
$725,000
SBA-guaranteed amount
$543,750 (75% of the approval)
Lender
Open Bank, Los Angeles, CA
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
10%, variable
Term
10 years (120 months)
Estimated maturity
October 31, 2034 (estimated, approval date plus term)
Estimated monthly payment
$9,581 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Feb 3, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
7
Business type
Corporation
NAICS
445320, Beer, Wine, and Liquor Retailers
Project location
Prince Georges County, MD
SBA district office
Washington District Office
Congressional district
MD-04
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 26% 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 Maryland: $1,627,337.

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 Maryland