Main Street Registry

New Star Ell

San Francisco, CA · Beer, Wine, and Liquor Retailers · NAICS 445320

New Star Ell is located in San Francisco, CA, and the SBA lists its industry as Beer, Wine, and Liquor Retailers. It was approved for an SBA 7(a) loan of $3,818,500 for a change of ownership on November 15, 2023.

SBA 7(a) loan, change of ownership, approved Nov 15, 2023

Gross approval
$3,818,500
SBA-guaranteed amount
$2,863,875 (75% of the approval)
Lender
Open Bank, Los Angeles, CA
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
9.5%, variable
Term
25 years (300 months)
Estimated maturity
November 15, 2048 (estimated, approval date plus term)
Estimated monthly payment
$33,362 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Dec 15, 2023
Loan status
Paid in full
Jobs supported
5
Business type
Corporation
NAICS
445320, Beer, Wine, and Liquor Retailers
Project location
San Francisco County, CA
SBA district office
San Francisco District Office
Congressional district
CA-12
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