Last Stop Liquor Inc.
Last Stop Liquor Inc. is a beer, wine, and liquor retailer located in East Bethel, Minnesota. The business was financed with an SBA 7(a) loan for a change of ownership, in the amount of $953,100, approved by Falcon National Bank on July 10, 2025.
SBA 7(a) loan, change of ownership, approved Jul 10, 2025
$953,100 approvedLender: Falcon National Bank25 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $953,100
- SBA-guaranteed amount
- $714,825 (75% of the approval)
- Lender
- Falcon National Bank, Foley, MN
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 8.75%, variable
- Term
- 25 years (300 months)
- Estimated maturity
- July 10, 2050 (estimated, approval date plus term)
- Estimated monthly payment
- $7,836 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jul 28, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 6
- Business type
- Corporation
- NAICS
- 445320, Beer, Wine, and Liquor Retailers
- Project location
- Anoka County, MN
- SBA district office
- Minnesota District Office
- Congressional district
- MN-06
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 46% 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 Minnesota: $1,482,119.
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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