Main Street Registry

RAM Liquor & Food LLC

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

RAM Liquor & Food LLC is a beer, wine, and liquor retailer in Detroit, Michigan, classified under NAICS code 445320. The business was financed with two SBA 7(a) loans for a change of ownership, totaling $1,800,000 in loan amounts, approved by United FCU on August 13, 2025.

SBA 7(a) loan, change of ownership, approved Aug 13, 2025

$1,045,000 approvedLender: United FCU10 years termStatus not reported (SBA exemption)Loan details
Gross approval
$1,045,000
SBA-guaranteed amount
$783,750 (75% of the approval)
Lender
United FCU, Saint Joseph, MI
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
9.5%, variable
Term
10 years (120 months)
Estimated maturity
August 13, 2035 (estimated, approval date plus term)
Estimated monthly payment
$13,522 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Aug 20, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
2
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 53% 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.

SBA 7(a) loan, change of ownership, approved Aug 13, 2025

$755,000 approvedLender: United FCU25 years termStatus not reported (SBA exemption)Loan details
Gross approval
$755,000
SBA-guaranteed amount
$566,250 (75% of the approval)
Lender
United FCU, Saint Joseph, MI
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
9.5%, variable
Term
25 years (300 months)
Estimated maturity
August 13, 2050 (estimated, approval date plus term)
Estimated monthly payment
$6,596 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Aug 21, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
2
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 29% 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.

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Same industry in Michigan