Main Street Registry

Pine Lake Market

Southfield, MI · Beer, Wine, and Liquor Retailers · NAICS 445320

Pine Lake Market is a beer, wine, and liquor retailer in Southfield, Michigan. The business was financed with an SBA 7(a) loan for a change of ownership of $1.36 million, approved on December 26, 2025 by United FCU.

SBA 7(a) loan, change of ownership, approved Dec 26, 2025

$1,360,000 approvedLender: United FCU25 years termStatus not reported (SBA exemption)Loan details
Gross approval
$1,360,000
SBA-guaranteed amount
$1,020,000 (75% of the approval)
Lender
United FCU, Saint Joseph, MI
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
9.75%, variable
Term
25 years (300 months)
Estimated maturity
December 26, 2050 (estimated, approval date plus term)
Estimated monthly payment
$12,119 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Jan 27, 2026
Loan status
Status not reported (SBA exemption)
Jobs supported
6
Business type
Corporation
NAICS
445320, Beer, Wine, and Liquor Retailers
Project location
Oakland County, MI
SBA district office
Michigan District Office
Congressional district
MI-09
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 71% 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 Michigan: $1,645,728.

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.

Is this your company? Claim or correct this listing. See Corrections.

Same industry in Michigan