Main Street Registry

S & K Liquor 2, LLC

Redford, MI · Beer, Wine, and Liquor Retailers · NAICS 445320

S & K Liquor 2, LLC is a beer, wine, and liquor retailer located in Redford, Michigan. The company was financed with an SBA 7(a) loan for a change of ownership in the amount of $2.41 million, approved through Byline Bank on July 10, 2025.

SBA 7(a) loan, change of ownership, approved Jul 10, 2025

$2,410,000 approvedLender: Byline Bank15 years termStatus not reported (SBA exemption)Loan details
Gross approval
$2,410,000
SBA-guaranteed amount
$1,807,500 (75% of the approval)
Lender
Byline Bank, Chicago, IL
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
9.5%, variable
Term
15 years (180 months)
Estimated maturity
July 10, 2040 (estimated, approval date plus term)
Estimated monthly payment
$25,166 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Jul 18, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
6
Business type
Corporation
NAICS
445320, Beer, Wine, and Liquor Retailers
Project location
Wayne County, MI
SBA district office
Michigan District Office
Congressional district
MI-13
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 90% 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 Michigan: $1,645,728.

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 Michigan