Main Street Registry

Norwood Liquor

Pueblo, CO · Beer, Wine, and Liquor Retailers · NAICS 445320

Norwood Liquor is a beer, wine, and liquor retailer located in Pueblo, Colorado. It was financed with an SBA 7(a) loan for a change of ownership of $1.6 million, approved by Hanmi Bank on February 11, 2025.

SBA 7(a) loan, change of ownership, approved Feb 11, 2025

$1,644,000 approvedLender: Hanmi Bank25 years termStatus not reported (SBA exemption)Loan details
Gross approval
$1,644,000
SBA-guaranteed amount
$1,233,000 (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%, variable
Term
25 years (300 months)
Estimated maturity
February 11, 2050 (estimated, approval date plus term)
Estimated monthly payment
$13,796 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Feb 21, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
4
Business type
Corporation
NAICS
445320, Beer, Wine, and Liquor Retailers
Project location
Pueblo County, CO
SBA district office
Colorado District Office
Congressional district
CO-03
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 79% 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 Colorado: $1,608,658.

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 Colorado