Main Street Registry

NK Liquors LLC

Somerset, NJ · Beer, Wine, and Liquor Retailers · NAICS 445320

NK Liquors LLC is a beer, wine, and liquor retailer in Somerset, NJ. The company was financed with an SBA 7(a) loan for a change of ownership, with the loan amount of $510,000 approved on April 22, 2025 by Peapack Private Bank and Trust. The loan was reported with 6 jobs.

SBA 7(a) loan, change of ownership, approved Apr 22, 2025

$510,000 approvedLender: Peapack Private Bank and Trust10 years termStatus not reported (SBA exemption)Loan details
Gross approval
$510,000
SBA-guaranteed amount
$382,500 (75% of the approval)
Lender
Peapack Private Bank and Trust, Bedminster, NJ
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
10%, variable
Term
10 years (120 months)
Estimated maturity
April 22, 2035 (estimated, approval date plus term)
Estimated monthly payment
$6,740 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Jun 1, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
6
Business type
Corporation
NAICS
445320, Beer, Wine, and Liquor Retailers
Project location
Somerset County, NJ
SBA district office
New Jersey District Office
Congressional district
NJ-06
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 4% 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 New Jersey: $1,626,307.

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 New Jersey