Main Street Registry

Premier Fine Wine and Spirits

Houston, TX · Beer, Wine, and Liquor Retailers · NAICS 445320

Premier Fine Wine and Spirits is a beer, wine, and liquor retailer located in Houston, Texas. The business was financed with an SBA 7(a) loan for a change of ownership, in the amount of $1 million, approved on August 26, 2024, through Hanmi Bank.

SBA 7(a) loan, change of ownership, approved Aug 26, 2024

Gross approval
$1,000,000
SBA-guaranteed amount
$750,000 (75% of the approval)
Lender
Hanmi Bank, Los Angeles, CA
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
10.25%, variable
Term
10 years, 4 months (124 months)
Estimated maturity
December 26, 2034 (estimated, approval date plus term)
Estimated monthly payment
$13,107 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Jan 6, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
5
Business type
Corporation
NAICS
445320, Beer, Wine, and Liquor Retailers
Project location
Harris County, TX
SBA district office
Houston District Office
Congressional district
TX-02
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 Texas