Main Street Registry

Honey G&L Corporation

Port Orchard, WA · Convenience Retailers · NAICS 445131

Honey G&L Corporation, located in Port Orchard, Washington, is a convenience retailer (NAICS 445131). The company was financed with an SBA 7(a) loan for a change of ownership, approved on August 20, 2025, in the amount of $1,356,000 through Hanmi Bank.

SBA 7(a) loan, change of ownership, approved Aug 20, 2025

$1,356,000 approvedLender: Hanmi Bank16 years termStatus not reported (SBA exemption)Loan details
Gross approval
$1,356,000
SBA-guaranteed amount
$1,017,000 (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%, variable
Term
16 years (192 months)
Estimated maturity
August 20, 2041 (estimated, approval date plus term)
Estimated monthly payment
$13,350 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Aug 27, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
6
Business type
Corporation
NAICS
445131, Convenience Retailers
Project location
Kitsap County, WA
SBA district office
Seattle District Office
Congressional district
WA-06
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 69% of acquisition loans in Convenience Retailers on this site.
  • Average acquisition loan in Convenience Retailers: $1,185,102.
  • Average acquisition loan in Washington: $1,784,595.

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 Washington