Loma Liquor Modesto Inc
Loma Liquor Modesto Inc is a beer, wine, and liquor retailer located in Modesto, California. The business was financed with an SBA 7(a) loan for a change of ownership of $1.1 million, approved February 24, 2026, through Celtic Bank Corporation.
SBA 7(a) loan, change of ownership, approved Feb 24, 2026
$1,128,900 approvedLender: Celtic Bank Corporation25 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $1,128,900
- SBA-guaranteed amount
- $846,675 (75% of the approval)
- Lender
- Celtic Bank Corporation, Salt Lake City, UT
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9%, variable
- Term
- 25 years (300 months)
- Estimated maturity
- February 24, 2051 (estimated, approval date plus term)
- Estimated monthly payment
- $9,474 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- May 29, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 2
- Business type
- Corporation
- NAICS
- 445320, Beer, Wine, and Liquor Retailers
- Project location
- Stanislaus County, CA
- SBA district office
- Fresno District Office
- Congressional district
- CA-10
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 59% 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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