Main Street Registry

Sip & Spirits Shop

Colorado Springs, CO · Beer, Wine, and Liquor Retailers · NAICS 445320

Sip & Spirits Shop is a beer, wine, and liquor retailer in Colorado Springs, CO. It was financed with an SBA 7(a) loan for a change of ownership totaling $1,194,000, approved by Hanmi Bank on March 19, 2026.

SBA 7(a) loan, change of ownership, approved Mar 19, 2026

$1,194,000 approvedLender: Hanmi Bank25 years termStatus not reported (SBA exemption)Loan details
Gross approval
$1,194,000
SBA-guaranteed amount
$895,500 (75% of the approval)
Lender
Hanmi Bank, Los Angeles, CA
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
7.75%, variable
Term
25 years (300 months)
Estimated maturity
March 19, 2051 (estimated, approval date plus term)
Estimated monthly payment
$9,019 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Mar 25, 2026
Loan status
Status not reported (SBA exemption)
Jobs supported
3
Business type
Corporation
NAICS
445320, Beer, Wine, and Liquor Retailers
Project location
El Paso County, CO
SBA district office
Colorado District Office
Congressional district
CO-05
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 62% 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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Same industry in Colorado