Main Street Registry

Sohal Wine and Spirits Dc LLC

Washington, DC · Beer, Wine, and Liquor Retailers · NAICS 445320

Sohal Wine and Spirits Dc LLC, located in Washington, DC, operates in the beer, wine, and liquor retail industry. The company was financed with an SBA 7(a) loan for a change of ownership, in the amount of $1,554,100, approved on August 14, 2025 by The Huntington National Bank.

SBA 7(a) loan, change of ownership, approved Aug 14, 2025

$1,554,100 approvedLender: The Huntington National Bank10 years termStatus not reported (SBA exemption)Loan details
Gross approval
$1,554,100
SBA-guaranteed amount
$1,165,575 (75% of the approval)
Lender
The Huntington National Bank, Columbus, OH
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
9.25%, variable
Term
10 years (120 months)
Estimated maturity
August 14, 2035 (estimated, approval date plus term)
Estimated monthly payment
$19,898 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Sep 5, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
3
Business type
Corporation
NAICS
445320, Beer, Wine, and Liquor Retailers
Project location
District of Columbia County, DC
SBA district office
Washington District Office
Congressional district
DC-00
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 77% 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 District of Columbia: $1,591,564.

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 District of Columbia