Main Street Registry

Plymouth Liquor Store

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

Plymouth Liquor Store is a beer, wine, and liquor retailer in Detroit, Michigan, classified under NAICS code 445320. The business was financed with an SBA 7(a) loan for a change of ownership of $811,000, approved on June 2, 2025 by First Internet Bank of Indiana.

SBA 7(a) loan, change of ownership, approved Jun 2, 2025

$811,000 approvedLender: First Internet Bank of Indiana166 months termStatus not reported (SBA exemption)Loan details
Gross approval
$811,000
SBA-guaranteed amount
$608,250 (75% of the approval)
Lender
First Internet Bank of Indiana, Fishers, IN
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
9.75%, variable
Term
13 years, 10 months (166 months)
Estimated maturity
April 2, 2039 (estimated, approval date plus term)
Estimated monthly payment
$8,916 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Jun 23, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
5
Business type
Corporation
NAICS
445320, Beer, Wine, and Liquor Retailers
Project location
Wayne County, MI
SBA district office
Michigan District Office
Congressional district
MI-12
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 35% 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