Short Stop Beverage Barn
Short Stop Beverage Barn is located in Aberdeen, MD, and the SBA lists its industry as Beer, Wine, and Liquor Retailers. It was approved for an SBA 7(a) loan of $775,000 for a change of ownership on December 18, 2024.
SBA 7(a) loan, change of ownership, approved Dec 18, 2024
- Gross approval
- $775,000
- SBA-guaranteed amount
- $581,250 (75% of the approval)
- Lender
- Centerstone SBA Lending, Inc., 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 18, 2034 (estimated, approval date plus term)
- Estimated monthly payment
- $10,135 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jan 27, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 3
- Business type
- Corporation
- NAICS
- 445320, Beer, Wine, and Liquor Retailers
- Project location
- Harford County, MD
- SBA district office
- Baltimore District Office
- Congressional district
- MD-01
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 31% 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 Maryland: $1,627,337.
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 Maryland
- Pr Venture LLC, Frederick
- YS Stride LLC, Reisterstown
- Edmondson Liquors & Food Store, Baltimore
- Riverdale Plaza Liquors, Riverdale
- Flower Hill Beer & Wine, Gaithersburg
- Pab Sai Inc., Baltimore
- Roland Park Wines & Liquors, Baltimore
- Dundalk Liquors, Dundalk