Guru RJHill LLC
Guru RJHill LLC, located in Woonsocket, Rhode Island, operates in the beer, wine, and liquor retail industry (NAICS 445320). The company was financed with an SBA 7(a) loan for a change of ownership of $765,000, approved on November 20, 2024 by Rockland Trust Company, with 6 jobs reported.
SBA 7(a) loan, change of ownership, approved Nov 20, 2024
- Gross approval
- $765,000
- SBA-guaranteed amount
- $573,750 (75% of the approval)
- Lender
- Rockland Trust Company, Rockland, MA
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 7.5%, fixed
- Term
- 10 years (120 months)
- Estimated maturity
- November 20, 2034 (estimated, approval date plus term)
- Estimated monthly payment
- $9,081 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Dec 19, 2024
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 6
- Business type
- Corporation
- NAICS
- 445320, Beer, Wine, and Liquor Retailers
- Project location
- Providence County, RI
- SBA district office
- Rhode Island District Office
- Congressional district
- RI-01
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 30% 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 Rhode Island: $1,739,073.
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.
Is this your company? Claim or correct this listing. See Corrections.
Same industry in Rhode Island
- Thorpe's Wines & Spirit, East Greenwich
- Guru Champs Liquor LLC, Pascoag