Main Street Registry

Liquor L A

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

Liquor L A is located in Inglewood, CA, and the SBA lists its industry as Beer, Wine, and Liquor Retailers. It was approved for an SBA 7(a) loan of $600,000 for a change of ownership on September 27, 2024.

SBA 7(a) loan, change of ownership, approved Sep 27, 2024

Gross approval
$600,000
SBA-guaranteed amount
$450,000 (75% of the approval)
Lender
Woori America Bank, New York, NY
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
10%, variable
Term
10 years (120 months)
Estimated maturity
September 27, 2034 (estimated, approval date plus term)
Estimated monthly payment
$7,929 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Oct 8, 2024
Loan status
Status not reported (SBA exemption)
Jobs supported
2
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-37
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)

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