Main Street Registry

Happy's Supermarket & Liquor

Downey, CA · Beer, Wine, and Liquor Retailers · NAICS 445320

Happy's Supermarket & Liquor, located in Downey, CA, is classified under the industry Beer, Wine, and Liquor Retailers (NAICS 445320). The business was financed with an SBA 7(a) loan for a change of ownership of $2,797,000, approved by PCB Bank with an approval date of September 25, 2026.

SBA 7(a) loan, change of ownership, approved Sep 25, 2026

$2,797,000 approvedLender: PCB Bank25 years termCommitted, not fully disbursedLoan details
Gross approval
$2,797,000
SBA-guaranteed amount
$2,097,750 (75% of the approval)
Lender
PCB Bank, Los Angeles, CA
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
7.5%, variable
Term
25 years (300 months)
Estimated maturity
September 25, 2051 (estimated, approval date plus term)
Estimated monthly payment
$20,670 Estimated payment at the initial rate over the full term; actual terms vary.
Loan status
Committed, not fully disbursed
Jobs supported
5
Business type
Corporation
NAICS
445320, Beer, Wine, and Liquor Retailers
Project location
Los Angeles County, CA
SBA district office
Los Angeles District Office
Congressional district
CA-40
Collateral
Yes
Guaranteed portion sold on secondary market
Not reported as sold
Revolving line of credit
No (term loan)
  • Larger than 92% 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 California: $1,688,228.

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 California