Riverdale Plaza Liquors
Riverdale Plaza Liquors is a beer, wine, and liquor retailer in Riverdale, MD, and is not a franchise. It was financed with an SBA 7(a) loan for a change of ownership in the amount of $520,000, approved on August 20, 2026, through US Metro Bank.
SBA 7(a) loan, change of ownership, approved Aug 20, 2026
$520,000 approvedLender: US Metro Bank10 years termCommitted, not fully disbursedLoan details
- Gross approval
- $520,000
- SBA-guaranteed amount
- $390,000 (75% of the approval)
- Lender
- US Metro Bank, Garden Grove, CA
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 8.5%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- August 20, 2036 (estimated, approval date plus term)
- Estimated monthly payment
- $6,447 Estimated payment at the initial rate over the full term; actual terms vary.
- Loan status
- Committed, not fully disbursed
- Jobs supported
- 3
- Business type
- Corporation
- NAICS
- 445320, Beer, Wine, and Liquor Retailers
- Project location
- Prince Georges County, MD
- SBA district office
- Washington District Office
- Congressional district
- MD-04
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 5% 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 Maryland: $1,627,337.
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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