Main Street Registry

R & R Liquor

Los Angeles, CA · Beer, Wine, and Liquor Retailers · NAICS 445320

R & R Liquor is a beer, wine, and liquor retailer located in Los Angeles, California, classified under NAICS code 445320. The business was financed with an SBA 7(a) loan for a change of ownership of $2.37 million, approved on October 25, 2023, by lender Lendistry SBLC, LLC.

SBA 7(a) loan, change of ownership, approved Oct 25, 2023

$2,370,000 approvedLender: Lendistry SBLC, LLC25 years termStatus not reported (SBA exemption)Loan details
Gross approval
$2,370,000
SBA-guaranteed amount
$1,777,500 (75% of the approval)
Lender
Lendistry SBLC, LLC, Los Angeles, CA
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
10.5%, variable
Term
25 years (300 months)
Estimated maturity
October 25, 2048 (estimated, approval date plus term)
Estimated monthly payment
$22,377 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Nov 7, 2023
Loan status
Status not reported (SBA exemption)
Jobs supported
1
Business type
Corporation
NAICS
445320, Beer, Wine, and Liquor Retailers
Project location
Los Angeles County, CA
SBA district office
Los Angeles District Office
Congressional district
CA-40
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 90% 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 California: $1,688,228.

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 California