Main Street Registry

Rochester Liquor and Wine Inc.

Rochester, NY · Beer, Wine, and Liquor Retailers · NAICS 445320

Rochester Liquor and Wine Inc. is a beer, wine, and liquor retailer in Rochester, NY. It was financed with an SBA 7(a) loan for a change of ownership, in the amount of $1.39 million, approved on September 24, 2024, through Firstrust Savings Bank. The loan records list 17 jobs.

SBA 7(a) loan, change of ownership, approved Sep 24, 2024

$1,390,000 approvedLender: Firstrust Savings Bank10 years termStatus not reported (SBA exemption)Loan details
Gross approval
$1,390,000
SBA-guaranteed amount
$1,042,500 (75% of the approval)
Lender
Firstrust Savings Bank, Conshohocken, PA
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
11%, variable
Term
10 years (120 months)
Estimated maturity
September 24, 2034 (estimated, approval date plus term)
Estimated monthly payment
$19,147 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Oct 3, 2024
Loan status
Status not reported (SBA exemption)
Jobs supported
17
Business type
Corporation
NAICS
445320, Beer, Wine, and Liquor Retailers
Project location
Monroe County, NY
SBA district office
Buffalo District Office
Congressional district
NY-25
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 72% 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 New York: $1,771,512.

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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