Main Street Registry

Raymond Grocery Corporation

Raymond, WA · Supermarkets and Other Grocery Retailers (except Convenience Retailers) · NAICS 445110

Raymond Grocery Corporation, located in Raymond, WA, operates in the supermarkets and other grocery retailers industry (NAICS 445110). The business was financed with an SBA 7(a) loan for a change of ownership of $916,500, approved on July 24, 2025, through Readycap Lending, LLC.

SBA 7(a) loan, change of ownership, approved Jul 24, 2025

$916,500 approvedLender: Readycap Lending, LLC10 years termStatus not reported (SBA exemption)Loan details
Gross approval
$916,500
SBA-guaranteed amount
$687,375 (75% of the approval)
Lender
Readycap Lending, LLC, Berkeley Heights, NJ
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
9.75%, variable
Term
10 years (120 months)
Estimated maturity
July 24, 2035 (estimated, approval date plus term)
Estimated monthly payment
$11,985 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Jul 31, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
7
Business type
Corporation
NAICS
445110, Supermarkets and Other Grocery Retailers (except Convenience Retailers)
Project location
Pacific County, WA
SBA district office
Seattle District Office
Congressional district
WA-03
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 34% of acquisition loans in Supermarkets and Other Grocery Retailers (except Convenience Retailers) on this site.
  • Average acquisition loan in Supermarkets and Other Grocery Retailers (except Convenience Retailers): $1,791,981.
  • Average acquisition loan in Washington: $1,784,595.

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 Washington