RGS Colorado LLC
RGS Colorado LLC is a beer, wine, and liquor retailer in Arvada, Colorado. The company was financed with an SBA 7(a) loan for a change of ownership, in the amount of $550,000, approved by Hanmi Bank on May 18, 2024.
SBA 7(a) loan, change of ownership, approved May 18, 2024
$550,000 approvedLender: Hanmi Bank10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $550,000
- SBA-guaranteed amount
- $412,500 (75% of the approval)
- Lender
- Hanmi Bank, Los Angeles, CA
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 10.75%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- May 18, 2034 (estimated, approval date plus term)
- Estimated monthly payment
- $7,499 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- May 28, 2024
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 2
- Business type
- Corporation
- NAICS
- 445320, Beer, Wine, and Liquor Retailers
- Project location
- Jefferson County, CO
- SBA district office
- Colorado District Office
- Congressional district
- CO-07
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 6% 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 Colorado: $1,608,658.
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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