Flick's Package Liquor
Flick's Package Liquor is a beer, wine, and liquor retailer in Lambertville, Michigan, classified under NAICS code 445320. The business was financed with an SBA 7(a) loan for a change of ownership, in the amount of $1.4 million, approved on August 20, 2025 by United FCU.
SBA 7(a) loan, change of ownership, approved Aug 20, 2025
- Gross approval
- $1,400,000
- SBA-guaranteed amount
- $1,050,000 (75% of the approval)
- Lender
- United FCU, Saint Joseph, MI
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9.5%, variable
- Term
- 25 years (300 months)
- Estimated maturity
- August 20, 2050 (estimated, approval date plus term)
- Estimated monthly payment
- $12,232 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Sep 8, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 6
- Business type
- Corporation
- NAICS
- 445320, Beer, Wine, and Liquor Retailers
- Project location
- Monroe County, MI
- SBA district office
- Michigan District Office
- Congressional district
- MI-07
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 73% 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 Michigan: $1,645,728.
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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