Ansh Grocery Store
Ansh Grocery Store is a convenience retailer in Milwaukee, Wisconsin, classified under NAICS 445131 (Convenience Retailers). The business was financed with an SBA 7(a) loan for a change of ownership, with a loan amount of $699,000 approved on March 26, 2025, through United FCU.
SBA 7(a) loan, change of ownership, approved Mar 26, 2025
$699,000 approvedLender: United FCU20 years termPaid in fullLoan details
- Gross approval
- $699,000
- SBA-guaranteed amount
- $524,250 (75% of the approval)
- Lender
- United FCU, Saint Joseph, MI
- Processing method
- Standard 7(a): the lender submits the application for SBA review
- Initial interest rate
- 10%, variable
- Term
- 20 years (240 months)
- Estimated maturity
- March 26, 2045 (estimated, approval date plus term)
- Estimated monthly payment
- $6,746 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jul 15, 2025
- Loan status
- Paid in full
- Jobs supported
- 4
- Business type
- Corporation
- NAICS
- 445131, Convenience Retailers
- Project location
- Milwaukee County, WI
- SBA district office
- Wisconsin District Office
- Congressional district
- WI-04
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 29% of acquisition loans in Convenience Retailers on this site.
- Average acquisition loan in Convenience Retailers: $1,185,102.
- Average acquisition loan in Wisconsin: $1,729,230.
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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