Palate Atlanta, LLC
Palate Atlanta, LLC is located in Atlanta, GA, and the SBA lists its industry as Beer, Wine, and Liquor Retailers. It was approved for an SBA 7(a) loan of $509,600 for a change of ownership on August 12, 2025.
SBA 7(a) loan, change of ownership, approved Aug 12, 2025
- Gross approval
- $509,600
- SBA-guaranteed amount
- $382,200 (75% of the approval)
- Lender
- Craft Bank, Atlanta, GA
- Processing method
- Standard 7(a): the lender submits the application for SBA review
- Initial interest rate
- 10%, variable
- Term
- 25 years, 3 months (303 months)
- Estimated maturity
- November 12, 2050 (estimated, approval date plus term)
- Estimated monthly payment
- $4,620 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Aug 22, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 3
- Business type
- Corporation
- NAICS
- 445320, Beer, Wine, and Liquor Retailers
- Project location
- Fulton County, GA
- SBA district office
- Georgia District Office
- Congressional district
- GA-05
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 3% 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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