Main Street Registry

Save Mart Liquor

Citrus Heights, CA · Beer, Wine, and Liquor Retailers · NAICS 445320

Save Mart Liquor is located in Citrus Heights, CA, and the SBA lists its industry as Beer, Wine, and Liquor Retailers. It was approved for an SBA 7(a) loan of $750,000 for a change of ownership on December 23, 2024.

SBA 7(a) loan, change of ownership, approved Dec 23, 2024

Gross approval
$750,000
SBA-guaranteed amount
$562,500 (75% of the approval)
Lender
Open Bank, Los Angeles, CA
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
9.75%, variable
Term
10 years (120 months)
Estimated maturity
December 23, 2034 (estimated, approval date plus term)
Estimated monthly payment
$9,808 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Feb 5, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
4
Business type
Corporation
NAICS
445320, Beer, Wine, and Liquor Retailers
Project location
Sacramento County, CA
SBA district office
Sacramento District Office
Congressional district
CA-07
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)

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