Love Point Wine & Spirits LLC
Love Point Wine & Spirits LLC is a beer, wine, and liquor retailer located in Stevensville, Maryland. The company was financed with an SBA 7(a) loan for a change of ownership, in the amount of $2.7 million, approved on August 14, 2025, through lender US Metro Bank.
SBA 7(a) loan, change of ownership, approved Aug 14, 2025
$2,700,000 approvedLender: US Metro Bank15 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $2,700,000
- SBA-guaranteed amount
- $2,025,000 (75% of the approval)
- Lender
- US Metro Bank, Garden Grove, CA
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 8.75%, variable
- Term
- 15 years (180 months)
- Estimated maturity
- August 14, 2040 (estimated, approval date plus term)
- Estimated monthly payment
- $26,985 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Aug 22, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 17
- Business type
- Corporation
- NAICS
- 445320, Beer, Wine, and Liquor Retailers
- Project location
- Queen Annes County, MD
- SBA district office
- Baltimore District Office
- Congressional district
- MD-01
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 91% 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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