Main Street Registry

Shorewood Market

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

Shorewood Market in Seattle, WA operates in the supermarkets and other grocery retailers industry (except convenience retailers). The business was financed with an SBA 7(a) loan for a change of ownership of $1.3 million, approved on February 10, 2026, through East West Bank.

SBA 7(a) loan, change of ownership, approved Feb 10, 2026

$1,298,500 approvedLender: East West Bank25 years termStatus not reported (SBA exemption)Loan details
Gross approval
$1,298,500
SBA-guaranteed amount
$973,875 (75% of the approval)
Lender
East West Bank, Pasadena, CA
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
7.5%, variable
Term
25 years (300 months)
Estimated maturity
February 10, 2051 (estimated, approval date plus term)
Estimated monthly payment
$9,596 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Apr 2, 2026
Loan status
Status not reported (SBA exemption)
Jobs supported
1
Business type
Corporation
NAICS
445110, Supermarkets and Other Grocery Retailers (except Convenience Retailers)
Project location
King County, WA
SBA district office
Seattle District Office
Congressional district
WA-07
Collateral
Yes
Guaranteed portion sold on secondary market
Not reported as sold
Revolving line of credit
No (term loan)
  • Larger than 53% 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