Harvey Park Liquor
Harvey Park Liquor is a beer, wine, and liquor retailer in Denver, Colorado, classified under NAICS code 445320. The business was financed with an SBA 7(a) loan for a change of ownership, in the amount of $500,000, through Hanmi Bank, with approval dated March 26, 2025.
SBA 7(a) loan, change of ownership, approved Mar 26, 2025
$500,000 approvedLender: Hanmi Bank10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $500,000
- SBA-guaranteed amount
- $375,000 (75% of the approval)
- Lender
- Hanmi Bank, Los Angeles, CA
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9.25%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- March 26, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $6,402 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Apr 11, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 3
- Business type
- Corporation
- NAICS
- 445320, Beer, Wine, and Liquor Retailers
- Project location
- Denver County, CO
- SBA district office
- Colorado District Office
- Congressional district
- CO-01
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- 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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