Main Street Registry

Lucky Star Liquor

Eastpointe, MI · Beer, Wine, and Liquor Retailers · NAICS 445320

Lucky Star Liquor is located in Eastpointe, MI, and the SBA lists its industry as Beer, Wine, and Liquor Retailers. It was approved for an SBA 7(a) loan of $642,000 for a change of ownership on May 9, 2025.

SBA 7(a) loan, change of ownership, approved May 9, 2025

Gross approval
$642,000
SBA-guaranteed amount
$481,500 (75% of the approval)
Lender
United FCU, Saint Joseph, MI
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
10%, variable
Term
10 years (120 months)
Estimated maturity
May 9, 2035 (estimated, approval date plus term)
Estimated monthly payment
$8,484 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Jun 24, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
4
Business type
Corporation
NAICS
445320, Beer, Wine, and Liquor Retailers
Project location
Macomb County, MI
SBA district office
Michigan District Office
Congressional district
MI-09
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)

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