Mart Liquors
Mart Liquors, located in Washington, DC, operates in the beer, wine, and liquor retail industry (NAICS 445320). The business was financed with an SBA 7(a) loan for a change of ownership, in the amount of $1 million, approved by Hanmi Bank on March 13, 2025.
SBA 7(a) loan, change of ownership, approved Mar 13, 2025
$1,000,000 approvedLender: Hanmi Bank10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $1,000,000
- SBA-guaranteed amount
- $750,000 (75% of the approval)
- Lender
- Hanmi Bank, Los Angeles, CA
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9.5%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- March 13, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $12,940 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Mar 31, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 3
- Business type
- Corporation
- NAICS
- 445320, Beer, Wine, and Liquor Retailers
- Project location
- District of Columbia County, DC
- SBA district office
- Washington District Office
- Congressional district
- DC-00
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 49% 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 District of Columbia: $1,591,564.
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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