Main Street Registry

Wsp Property Group LLC

West Saint Paul, MN · Beer, Wine, and Liquor Retailers · NAICS 445320

Wsp Property Group LLC is located in West Saint Paul, MN, and the SBA lists its industry as Beer, Wine, and Liquor Retailers. It was approved for an SBA 7(a) loan of $2,277,200 for a change of ownership on January 28, 2025.

SBA 7(a) loan, change of ownership, approved Jan 28, 2025

Gross approval
$2,277,200
SBA-guaranteed amount
$1,707,900 (75% of the approval)
Lender
First Bank & Trust, Brookings, SD
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
8.5%, variable
Term
21 years, 11 months (263 months)
Estimated maturity
December 28, 2046 (estimated, approval date plus term)
Estimated monthly payment
$19,117 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Jan 31, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
8
Business type
Corporation
NAICS
445320, Beer, Wine, and Liquor Retailers
Project location
Dakota County, MN
SBA district office
Minnesota District Office
Congressional district
MN-02
Collateral
Yes
Guaranteed portion sold on secondary market
Not reported as sold
Revolving line of credit
No (term loan)

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 Minnesota