Main Street Registry

N&W Liquor

Houston, TX · Beer, Wine, and Liquor Retailers · NAICS 445320

N&W Liquor, located in Houston, Texas, operates in the beer, wine, and liquor retail industry (NAICS 445320). The company was financed with an SBA 7(a) loan for a change of ownership totaling $650,000, approved on December 10, 2024 by Hanmi Bank, and the loan was reported with 2 jobs.

SBA 7(a) loan, change of ownership, approved Dec 10, 2024

$650,000 approvedLender: Hanmi Bank17 years termStatus not reported (SBA exemption)Loan details
Gross approval
$650,000
SBA-guaranteed amount
$487,500 (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
17 years (204 months)
Estimated maturity
December 10, 2041 (estimated, approval date plus term)
Estimated monthly payment
$6,434 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Dec 16, 2024
Loan status
Status not reported (SBA exemption)
Jobs supported
2
Business type
Corporation
NAICS
445320, Beer, Wine, and Liquor Retailers
Project location
Harris County, TX
SBA district office
Houston District Office
Congressional district
TX-18
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 17% 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 Texas: $1,944,682.

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 Texas