Mahant 1 LLC
Mahant 1 LLC is a beer, wine, and liquor retailer in Alpharetta, Georgia. The business was financed with an SBA 7(a) loan for a change of ownership, in the amount of $5 million, approved on February 4, 2025 by Metro City Bank.
SBA 7(a) loan, change of ownership, approved Feb 4, 2025
- Gross approval
- $5,000,000
- SBA-guaranteed amount
- $3,750,000 (75% of the approval)
- Lender
- Metro City Bank, Doraville, GA
- Processing method
- Standard 7(a): the lender submits the application for SBA review
- Initial interest rate
- 8.25%, variable
- Term
- 25 years (300 months)
- Estimated maturity
- February 4, 2050 (estimated, approval date plus term)
- Estimated monthly payment
- $39,423 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jul 1, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 5
- Business type
- Corporation
- NAICS
- 445320, Beer, Wine, and Liquor Retailers
- Project location
- Fulton County, GA
- SBA district office
- Georgia District Office
- Congressional district
- GA-06
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 97% 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 Georgia: $2,017,638.
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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