Main Street Registry

Slauson Liquor & Market 2825 Inc

Los Angeles, CA · Beer, Wine, and Liquor Retailers · NAICS 445320

Slauson Liquor & Market 2825 Inc is a beer, wine, and liquor retailer located in Los Angeles, California, classified under NAICS code 445320. The company was financed with an SBA 7(a) loan for a change of ownership, with a loan amount of $1.62 million from American Continental Bank, approved on March 30, 2024.

SBA 7(a) loan, change of ownership, approved Mar 30, 2024

$1,620,000 approvedLender: American Continental Bank10 years termStatus not reported (SBA exemption)Loan details
Gross approval
$1,620,000
SBA-guaranteed amount
$1,215,000 (75% of the approval)
Lender
American Continental Bank, City of Industry, CA
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
10.5%, variable
Term
10 years (120 months)
Estimated maturity
March 30, 2034 (estimated, approval date plus term)
Estimated monthly payment
$21,859 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
May 14, 2024
Loan status
Status not reported (SBA exemption)
Jobs supported
24
Business type
Corporation
NAICS
445320, Beer, Wine, and Liquor Retailers
Project location
Los Angeles County, CA
SBA district office
Los Angeles District Office
Congressional district
CA-37
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 78% 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 California: $1,688,228.

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