Shivaarti LLC
Shivaarti LLC is a beer, wine, and liquor retailer in Westbury, NY. The business was financed with an SBA 7(a) loan for a change of ownership, with a loan amount of $650,000 approved by Alma Bank on April 20, 2026. The SBA loan record lists 6 jobs.
SBA 7(a) loan, change of ownership, approved Apr 20, 2026
$650,000 approvedLender: Alma Bank10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $650,000
- SBA-guaranteed amount
- $487,500 (75% of the approval)
- Lender
- Alma Bank, Astoria, NY
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9.25%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- April 20, 2036 (estimated, approval date plus term)
- Estimated monthly payment
- $8,322 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jul 9, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 6
- Business type
- Corporation
- NAICS
- 445320, Beer, Wine, and Liquor Retailers
- Project location
- Nassau County, NY
- SBA district office
- New York District Office
- Congressional district
- NY-03
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 17% 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 New York: $1,771,512.
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.
Is this your company? Claim or correct this listing. See Corrections.
Same industry in New York
- Maa Durga LLC, New Paltz
- Ken Sun Spritz Inc., East Setauket
- Heartland Liquor Inc., Staten Island
- Rosehill Wines Liquors Inc., Thornwood
- K & W Fine Wines Spirits Inc., Franklin Square
- Jjan Wine & Liquors LLC, New Paltz
- 33 HM, Inc., Cicero
- Aarya Liquors LLC, Kingston