Washington Market and Liquor
Washington Market and Liquor is a beer, wine, and liquor retailer in Stockton, California, classified under NAICS code 445320. It was financed with an SBA 7(a) loan for a change of ownership totaling $700,000, approved on July 30, 2025 by First Bank of the Lake, with 4 jobs reported.
SBA 7(a) loan, change of ownership, approved Jul 30, 2025
$700,000 approvedLender: First Bank of the Lake10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $700,000
- SBA-guaranteed amount
- $525,000 (75% of the approval)
- Lender
- First Bank of the Lake, Osage Beach, MO
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 10.25%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- July 30, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $9,348 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Sep 19, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 4
- Business type
- Corporation
- NAICS
- 445320, Beer, Wine, and Liquor Retailers
- Project location
- San Joaquin County, CA
- SBA district office
- Sacramento District Office
- Congressional district
- CA-09
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 24% 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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