Main Street Registry

Cold Beer & Whiskey, LLC

Kremmling, CO · Beer, Wine, and Liquor Retailers · NAICS 445320

Cold Beer & Whiskey, LLC is a beer, wine, and liquor retailer located in Kremmling, Colorado. The company was financed with an SBA 7(a) loan for a change of ownership, with the loan amount of $555,000 approved by U.S. Bank, National Association on January 14, 2024.

SBA 7(a) loan, change of ownership, approved Jan 14, 2024

$555,000 approvedLender: U.S. Bank, National Association10 years termStatus not reported (SBA exemption)Loan details
Gross approval
$555,000
SBA-guaranteed amount
$416,250 (75% of the approval)
Lender
U.S. Bank, National Association, Cincinnati, OH
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
8.5%, fixed
Term
10 years (120 months)
Estimated maturity
January 14, 2034 (estimated, approval date plus term)
Estimated monthly payment
$6,881 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Jan 24, 2024
Loan status
Status not reported (SBA exemption)
Jobs supported
3
Business type
Corporation
NAICS
445320, Beer, Wine, and Liquor Retailers
Project location
Grand County, CO
SBA district office
Colorado District Office
Congressional district
CO-02
Collateral
Yes
Guaranteed portion sold on secondary market
Not reported as sold
Revolving line of credit
No (term loan)
  • Larger than 8% 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 Colorado: $1,608,658.

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 Colorado