Main Street Registry

Bridgeway Market

Gig Harbor, WA · Supermarkets and Other Grocery Retailers (except Convenience Retailers) · NAICS 445110

Bridgeway Market, located in Gig Harbor, Washington, operates in the supermarkets and other grocery retailers (except convenience retailers) industry. The business was financed with an SBA 7(a) loan for a change of ownership in the amount of $892,000, approved on December 17, 2025, through Hanmi Bank.

SBA 7(a) loan, change of ownership, approved Dec 17, 2025

$892,000 approvedLender: Hanmi Bank10 years termStatus not reported (SBA exemption)Loan details
Gross approval
$892,000
SBA-guaranteed amount
$669,000 (75% of the approval)
Lender
Hanmi Bank, Los Angeles, CA
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
8.75%, variable
Term
10 years (120 months)
Estimated maturity
December 17, 2035 (estimated, approval date plus term)
Estimated monthly payment
$11,179 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Jan 23, 2026
Loan status
Status not reported (SBA exemption)
Jobs supported
6
Business type
Corporation
NAICS
445110, Supermarkets and Other Grocery Retailers (except Convenience Retailers)
Project location
Pierce County, WA
SBA district office
Seattle District Office
Congressional district
WA-06
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 31% of acquisition loans in Supermarkets and Other Grocery Retailers (except Convenience Retailers) on this site.
  • Average acquisition loan in Supermarkets and Other Grocery Retailers (except Convenience Retailers): $1,791,981.
  • Average acquisition loan in Washington: $1,784,595.

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 Washington