Royals Liquors 1 Inc
Royals Liquors 1 Inc is a beer, wine, and liquor retailer located in Gary, Indiana. The business was financed with an SBA 7(a) loan for a change of ownership of $1.5 million, approved on September 4, 2026, through Centier Bank.
SBA 7(a) loan, change of ownership, approved Sep 4, 2026
$1,500,000 approvedLender: Centier Bank5 years termCommitted, not fully disbursedLoan details
- Gross approval
- $1,500,000
- SBA-guaranteed amount
- $1,125,000 (75% of the approval)
- Lender
- Centier Bank, Whiting, IN
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 8.25%, variable
- Term
- 5 years (60 months)
- Estimated maturity
- September 4, 2031 (estimated, approval date plus term)
- Estimated monthly payment
- $30,594 Estimated payment at the initial rate over the full term; actual terms vary.
- Loan status
- Committed, not fully disbursed
- Jobs supported
- 42
- Business type
- Corporation
- NAICS
- 445320, Beer, Wine, and Liquor Retailers
- Project location
- Lake County, IN
- SBA district office
- Indiana District Office
- Congressional district
- IN-01
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 75% 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 Indiana: $1,995,900.
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 Indiana
- A & G Liquor, Terre Haute
- Bullsader LLC, Indianapolis