Main Street Registry

Varsity Liquor & Food Inc

Fresno, CA · Convenience Retailers · NAICS 445131

Varsity Liquor & Food Inc, located in Fresno, CA, operates in the convenience retailers industry (NAICS 445131). The company was financed with an SBA 7(a) loan for a change of ownership in the amount of $716,900, approved on December 5, 2025 by Celtic Bank Corporation.

SBA 7(a) loan, change of ownership, approved Dec 5, 2025

$716,900 approvedLender: Celtic Bank Corporation10 years termStatus not reported (SBA exemption)Loan details
Gross approval
$716,900
SBA-guaranteed amount
$537,675 (75% of the approval)
Lender
Celtic Bank Corporation, Salt Lake City, UT
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
9.25%, variable
Term
10 years (120 months)
Estimated maturity
December 5, 2035 (estimated, approval date plus term)
Estimated monthly payment
$9,179 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Feb 13, 2026
Loan status
Status not reported (SBA exemption)
Jobs supported
5
Business type
Corporation
NAICS
445131, Convenience Retailers
Project location
Fresno County, CA
SBA district office
Fresno District Office
Congressional district
CA-16
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 32% of acquisition loans in Convenience Retailers on this site.
  • Average acquisition loan in Convenience Retailers: $1,185,102.
  • 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