Main Street Registry

Stanford Market

Sacramento, CA · Beer, Wine, and Liquor Retailers · NAICS 445320

Stanford Market is located in Sacramento, California, and operates in the beer, wine, and liquor retail industry (NAICS 445320). The business was financed with an SBA 7(a) loan for a change of ownership totaling $1,495,000, approved by Open Bank on September 27, 2024.

SBA 7(a) loan, change of ownership, approved Sep 27, 2024

$1,495,000 approvedLender: Open Bank25 years termStatus not reported (SBA exemption)Loan details
Gross approval
$1,495,000
SBA-guaranteed amount
$1,121,250 (75% of the approval)
Lender
Open Bank, Los Angeles, CA
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
10%, variable
Term
25 years (300 months)
Estimated maturity
September 27, 2049 (estimated, approval date plus term)
Estimated monthly payment
$13,585 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Dec 26, 2024
Loan status
Status not reported (SBA exemption)
Business type
Corporation
NAICS
445320, Beer, Wine, and Liquor Retailers
Project location
Sacramento County, CA
SBA district office
Sacramento District Office
Congressional district
CA-06
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 75% 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 California: $1,688,228.

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 California