Kahaan Liquors Corp
Kahaan Liquors Corp is a beer, wine, and liquor retailer in Feeding Hills, Massachusetts, classified under NAICS code 445320. The business was financed with an SBA 7(a) loan for a change of ownership, approved on December 6, 2024, in the amount of $1,417,500 through Rockland Trust Company.
SBA 7(a) loan, change of ownership, approved Dec 6, 2024
$1,417,500 approvedLender: Rockland Trust Company10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $1,417,500
- SBA-guaranteed amount
- $1,063,125 (75% of the approval)
- Lender
- Rockland Trust Company, Rockland, MA
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 7.25%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- December 6, 2034 (estimated, approval date plus term)
- Estimated monthly payment
- $16,642 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Dec 12, 2024
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 4
- Business type
- Corporation
- NAICS
- 445320, Beer, Wine, and Liquor Retailers
- Project location
- Hampden County, MA
- SBA district office
- Massachusetts District Office
- Congressional district
- MA-01
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- 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 Massachusetts: $1,643,977.
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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