The Village Store and Diner
The Village Store and Diner is a convenience retailer located in Keymar, Maryland, classified under NAICS 445131 (Convenience Retailers). The business was financed with an SBA 7(a) loan for a change of ownership of $595,000 from Hanmi Bank, with a loan approval date of July 31, 2026.
SBA 7(a) loan, change of ownership, approved Jul 31, 2026
$595,000 approvedLender: Hanmi Bank25 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $595,000
- SBA-guaranteed amount
- $446,250 (75% of the approval)
- Lender
- Hanmi Bank, Los Angeles, CA
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 8%, variable
- Term
- 25 years (300 months)
- Estimated maturity
- July 31, 2051 (estimated, approval date plus term)
- Estimated monthly payment
- $4,592 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Aug 14, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 4
- Business type
- Corporation
- NAICS
- 445131, Convenience Retailers
- Project location
- Carroll County, MD
- SBA district office
- Baltimore District Office
- Congressional district
- MD-01
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 15% of acquisition loans in Convenience Retailers on this site.
- Average acquisition loan in Convenience Retailers: $1,185,102.
- Average acquisition loan in Maryland: $1,627,337.
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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