Main Street Registry

Republic Market

Republic, WA · Supermarkets and Other Grocery Retailers (except Convenience Retailers) · NAICS 445110

Republic Market is a supermarket and grocery retailer in Republic, WA, in the Supermarkets and Other Grocery Retailers (except Convenience Retailers) industry. The business was financed with an SBA 7(a) loan for a change of ownership totaling $1,346,000, approved by PCB Bank on February 25, 2025.

SBA 7(a) loan, change of ownership, approved Feb 25, 2025

$1,346,000 approvedLender: PCB Bank25 years termStatus not reported (SBA exemption)Loan details
Gross approval
$1,346,000
SBA-guaranteed amount
$1,009,500 (75% of the approval)
Lender
PCB Bank, Los Angeles, CA
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
8.5%, variable
Term
25 years (300 months)
Estimated maturity
February 25, 2050 (estimated, approval date plus term)
Estimated monthly payment
$10,838 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
May 7, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
5
Business type
Corporation
NAICS
445110, Supermarkets and Other Grocery Retailers (except Convenience Retailers)
Project location
Ferry County, WA
SBA district office
Seattle District Office
Congressional district
WA-04
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 54% of acquisition loans in Supermarkets and Other Grocery Retailers (except Convenience Retailers) on this site.
  • Average acquisition loan in Supermarkets and Other Grocery Retailers (except Convenience Retailers): $1,791,981.
  • Average acquisition loan in Washington: $1,784,595.

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 Washington