Main Street Registry

Langley Liquor & Lottery

Lincoln Park, MI · Beer, Wine, and Liquor Retailers · NAICS 445320

Langley Liquor & Lottery is a beer, wine, and liquor retailer located in Lincoln Park, Michigan, operating in the industry classified under NAICS code 445320. The business was financed with an SBA 7(a) loan for a change of ownership of $1,365,000, with United FCU as the lender and an approval date of February 13, 2026.

SBA 7(a) loan, change of ownership, approved Feb 13, 2026

$1,365,000 approvedLender: United FCU25 years termStatus not reported (SBA exemption)Loan details
Gross approval
$1,365,000
SBA-guaranteed amount
$1,023,750 (75% of the approval)
Lender
United FCU, Saint Joseph, MI
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
9.5%, variable
Term
25 years (300 months)
Estimated maturity
February 13, 2051 (estimated, approval date plus term)
Estimated monthly payment
$11,926 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Feb 27, 2026
Loan status
Status not reported (SBA exemption)
Jobs supported
3
Business type
Corporation
NAICS
445320, Beer, Wine, and Liquor Retailers
Project location
Wayne County, MI
SBA district office
Michigan District Office
Congressional district
MI-12
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 71% 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 Michigan: $1,645,728.

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 Michigan