Main Street Registry

Lundeen's Discount Liquors

Sycamore, IL · Beer, Wine, and Liquor Retailers · NAICS 445320

Lundeen's Discount Liquors in Sycamore, Illinois is a beer, wine, and liquor retailer. The business was financed with an SBA 7(a) loan for a change of ownership of $3,005,000, approved on January 7, 2026 by Centerstone SBA Lending, Inc.

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

$3,005,000 approvedLender: Centerstone SBA Lending, Inc.25 years termStatus not reported (SBA exemption)Loan details
Gross approval
$3,005,000
SBA-guaranteed amount
$2,253,750 (75% of the approval)
Lender
Centerstone SBA Lending, Inc., Los Angeles, CA
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
8.25%, variable
Term
25 years (300 months)
Estimated maturity
January 7, 2051 (estimated, approval date plus term)
Estimated monthly payment
$23,693 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Jan 23, 2026
Loan status
Status not reported (SBA exemption)
Jobs supported
5
Business type
Corporation
NAICS
445320, Beer, Wine, and Liquor Retailers
Project location
Dekalb County, IL
SBA district office
Illinois District Office
Congressional district
IL-14
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 92% 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 Illinois: $1,796,780.

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 Illinois