Main Street Registry

Union Plaza Wine Inc

Union, NJ · Beer, Wine, and Liquor Retailers · NAICS 445320

Union Plaza Wine Inc, located in Union, New Jersey, is a beer, wine, and liquor retailer. The business was financed with an SBA 7(a) loan for a change of ownership of $750,000 from Fulton Bank, National Association, approved on March 11, 2026.

SBA 7(a) loan, change of ownership, approved Mar 11, 2026

$750,000 approvedLender: Fulton Bank, National Association10 years termStatus not reported (SBA exemption)Loan details
Gross approval
$750,000
SBA-guaranteed amount
$562,500 (75% of the approval)
Lender
Fulton Bank, National Association, Lancaster, PA
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
9%, variable
Term
10 years (120 months)
Estimated maturity
March 11, 2036 (estimated, approval date plus term)
Estimated monthly payment
$9,501 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Apr 15, 2026
Loan status
Status not reported (SBA exemption)
Jobs supported
4
Business type
Corporation
NAICS
445320, Beer, Wine, and Liquor Retailers
Project location
Union County, NJ
SBA district office
New Jersey District Office
Congressional district
NJ-07
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 27% 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 Jersey: $1,626,307.

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 New Jersey