Main Street Registry

Beer Bliss Beverage LLC

Ilion, NY · Beer, Wine, and Liquor Retailers · NAICS 445320

Beer Bliss Beverage LLC is a business in Ilion, New York, in the beer, wine, and liquor retail industry (NAICS 445320). It was financed with an SBA 7(a) loan for a change of ownership of $970,000, approved on January 13, 2025, by Metro City Bank.

SBA 7(a) loan, change of ownership, approved Jan 13, 2025

$970,000 approvedLender: Metro City Bank197 months termStatus not reported (SBA exemption)Loan details
Gross approval
$970,000
SBA-guaranteed amount
$727,500 (75% of the approval)
Lender
Metro City Bank, Doraville, GA
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
8.75%, variable
Term
16 years, 5 months (197 months)
Estimated maturity
June 13, 2041 (estimated, approval date plus term)
Estimated monthly payment
$9,294 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Feb 1, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
5
Business type
Corporation
NAICS
445320, Beer, Wine, and Liquor Retailers
Project location
Herkimer County, NY
SBA district office
Syracuse District Office
Congressional district
NY-22
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 47% 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 New York: $1,771,512.

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 New York