Main Street Registry

Marshfield Wine & Spirits

Calumet Park, IL · Beer, Wine, and Liquor Retailers · NAICS 445320

Marshfield Wine & Spirits is located in Calumet Park, IL, and the SBA lists its industry as Beer, Wine, and Liquor Retailers. It was approved for an SBA 7(a) loan of $1,100,000 for a change of ownership on September 16, 2024.

SBA 7(a) loan, change of ownership, approved Sep 16, 2024

Gross approval
$1,100,000
SBA-guaranteed amount
$825,000 (75% of the approval)
Lender
Centerstone SBA Lending, Inc., Los Angeles, CA
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
10.75%, variable
Term
10 years (120 months)
Estimated maturity
September 16, 2034 (estimated, approval date plus term)
Estimated monthly payment
$14,997 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Nov 14, 2024
Loan status
Status not reported (SBA exemption)
Jobs supported
5
Business type
Corporation
NAICS
445320, Beer, Wine, and Liquor Retailers
Project location
Cook County, IL
SBA district office
Illinois District Office
Congressional district
IL-01
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 Illinois