Financing a beer, wine, and liquor stores acquisition in Indiana

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The SBA 7(a) lenders funding the most beer, wine, and liquor stores acquisitions in Indiana, from public loan records. A lender doing your industry in your state every week underwrites faster and prices sharper.

Most active in beer, wine, and liquor stores · Indiana

Ranked by funded beer, wine, and liquor stores acquisitions in Indiana. Tap a lender for its full record, or hit Get in touch for an introduction.

1.88 loans · $96M · Muncie, INFull record →
2.36 loans · $51M · Carmel, INFull record →
3.31 loans · $8M · South Bend, INFull record →
4.3 loans · $0M · Waterloo, ILFull record →
5.31 loans · $13M · Louisville, KYFull record →
6.12 loans · $24M · South Bend, INFull record →

11+ funded Beer, Wine, and Liquor Stores in Indiana deals

Real SBA 7(a) acquisitions from public records — see who got funded, for how much, and by which lender. Tap any deal for the full record.

MOONGLO LIQUORS LLC in Scottsburg, IN — $777K (2022) · purchase · First Merchants Bank
Program
Preferred Lenders Program
Rate at approval
5.25% variable
Term
120 mo (10 yrs)
SBA guaranteed
$583K (75%)
Approval → funding
3 days
Approved
12/28/2021
First disbursed
12/31/2021
Loan status
Current
Loan type
Term loan
Collateral
Required
Business type
Corporation
Secondary market
Loan sold to investors
Jobs supported
7
Business age
Change of Ownership
Industry
Beer, Wine, and Liquor Stores
If you were the buyer here
Est. deal size
$863K
Est. down payment (10%)
$86K
Est. cash at closing
$118K
Monthly payment
$8,337
Annual debt service
$100K
Cash flow needed (1.25×)
$125K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by First Merchants Bank · Lender record →
Your business? Claim this record · Request removal
MOONGLO LIQUORS LLC in Scottsburg, IN — $431K (2022) · purchase · First Merchants Bank
Program
Preferred Lenders Program
Rate at approval
4.5% fixed
Term
300 mo (25 yrs)
SBA guaranteed
$323K (75%)
Approval → funding
3 days
Approved
12/28/2021
First disbursed
12/31/2021
Loan status
Current
Loan type
Term loan
Collateral
Required
Business type
Corporation
Jobs supported
7
Business age
Change of Ownership
Industry
Beer, Wine, and Liquor Stores
If you were the buyer here
Est. deal size
$479K
Est. down payment (10%)
$48K
Est. cash at closing
$64K
Monthly payment
$2,396
Annual debt service
$29K
Cash flow needed (1.25×)
$36K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by First Merchants Bank · Lender record →
Your business? Claim this record · Request removal
Maruti Estate LLC in Indianapolis, IN — $1.6M (2021) · purchase · Merchants Bank of Indiana
Program
Preferred Lenders Program
Rate at approval
5.25% variable
Term
300 mo (25 yrs)
SBA guaranteed
$1.4M (90%)
Approval → funding
17 days
Approved
9/13/2021
First disbursed
9/30/2021
Loan status
Current
Loan type
Term loan
Collateral
Required
Business type
Corporation
Secondary market
Loan sold to investors
Jobs supported
16
Business age
Change of Ownership
Industry
Beer, Wine, and Liquor Stores
If you were the buyer here
Est. deal size
$1.8M
Est. down payment (10%)
$178K
Est. cash at closing
$245K
Monthly payment
$9,618
Annual debt service
$115K
Cash flow needed (1.25×)
$144K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by Merchants Bank of Indiana · Lender record →
Your business? Claim this record · Request removal
Maruti Estate LLC in Indianapolis, IN — $495K (2021) · purchase · Merchants Bank of Indiana
Program
Preferred Lenders Program
Rate at approval
5.25% variable
Term
120 mo (10 yrs)
SBA guaranteed
$446K (90%)
Approval → funding
23 days
Approved
9/13/2021
First disbursed
10/6/2021
Loan status
Current
Loan type
Term loan
Collateral
Required
Business type
Corporation
Secondary market
Loan sold to investors
Jobs supported
16
Business age
Change of Ownership
Industry
Beer, Wine, and Liquor Stores
If you were the buyer here
Est. deal size
$550K
Est. down payment (10%)
$55K
Est. cash at closing
$74K
Monthly payment
$5,311
Annual debt service
$64K
Cash flow needed (1.25×)
$80K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by Merchants Bank of Indiana · Lender record →
Your business? Claim this record · Request removal
Vedant Holding LLC in Indianapolis, IN — $459K (2021) · purchase · Stock Yards Bank & Trust Company
Program
Preferred Lenders Program
Rate at approval
4.25% variable
Term
84 mo (7 yrs)
SBA guaranteed
$413K (90%)
Approval → funding
0 days
Approved
6/21/2021
First disbursed
6/21/2021
Loan status
Paid in full (12/31/2022)
Loan type
Term loan
Collateral
Required
Business type
Corporation
Jobs supported
6
Business age
Change of Ownership
Industry
Beer, Wine, and Liquor Stores
If you were the buyer here
Est. deal size
$510K
Est. down payment (10%)
$51K
Est. cash at closing
$68K
Monthly payment
$6,321
Annual debt service
$76K
Cash flow needed (1.25×)
$95K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by Stock Yards Bank & Trust Company · Lender record →
Your business? Claim this record · Request removal
Royals Liquors Inc in Crown Point, IN — $320K (2021) · purchase · 1st Source Bank
Program
Preferred Lenders Program
Rate at approval
5% variable
Term
83 months
SBA guaranteed
$288K (90%)
Approval → funding
49 days
Approved
3/31/2021
First disbursed
5/19/2021
Loan status
Current
Loan type
Term loan
Collateral
Required
Business type
Corporation
Jobs supported
8
Business age
Change of Ownership
Industry
Beer, Wine, and Liquor Stores
If you were the buyer here
Est. deal size
$356K
Est. down payment (10%)
$36K
Est. cash at closing
$48K
Monthly payment
$4,568
Annual debt service
$55K
Cash flow needed (1.25×)
$69K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by 1st Source Bank · Lender record →
Your business? Claim this record · Request removal
Ennrg LLC in Petersburg, IN — $615K (2020) · purchase · Springs Valley Bank & Trust Company
Program
7a General
Rate at approval
5.25% variable
Term
180 mo (15 yrs)
SBA guaranteed
$461K (75%)
Approval → funding
74 days
Approved
6/18/2020
First disbursed
8/31/2020
Loan status
Paid in full (8/31/2025)
Loan type
Term loan
Collateral
Required
Business type
Corporation
Secondary market
Loan sold to investors
Jobs supported
10
Business age
Change of Ownership
Industry
Beer, Wine, and Liquor Stores
If you were the buyer here
Est. deal size
$683K
Est. down payment (10%)
$68K
Est. cash at closing
$91K
Monthly payment
$4,944
Annual debt service
$59K
Cash flow needed (1.25×)
$74K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by Springs Valley Bank & Trust Company
Your business? Claim this record · Request removal
Sunshine Liquors, LLC in Indianapolis, IN — $585K (2020) · purchase · State Bank
Program
Preferred Lenders Program
Rate at approval
5% fixed
Term
84 mo (7 yrs)
SBA guaranteed
$439K (75%)
Approval → funding
37 days
Approved
9/24/2020
First disbursed
10/31/2020
Loan status
Paid in full (12/31/2022)
Loan type
Term loan
Collateral
Required
Business type
Corporation
Jobs supported
6
Business age
Change of Ownership
Industry
Beer, Wine, and Liquor Stores
If you were the buyer here
Est. deal size
$650K
Est. down payment (10%)
$65K
Est. cash at closing
$87K
Monthly payment
$8,267
Annual debt service
$99K
Cash flow needed (1.25×)
$124K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by State Bank · Lender record →
Your business? Claim this record · Request removal
Village Liquor Pack LLC in Indianapolis, IN — $507K (2020) · purchase · State Bank
Program
Preferred Lenders Program
Rate at approval
6.25% variable
Term
120 mo (10 yrs)
SBA guaranteed
$380K (75%)
Approval → funding
30 days
Approved
10/31/2019
First disbursed
11/30/2019
Loan status
Paid in full (5/31/2023)
Loan type
Term loan
Collateral
Required
Business type
Corporation
Jobs supported
4
Business age
Change of Ownership
Industry
Beer, Wine, and Liquor Stores
If you were the buyer here
Est. deal size
$563K
Est. down payment (10%)
$56K
Est. cash at closing
$75K
Monthly payment
$5,693
Annual debt service
$68K
Cash flow needed (1.25×)
$85K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by State Bank · Lender record →
Your business? Claim this record · Request removal
KPJ Beverages Inc in Merrillville, IN — $402K (2020) · purchase · 1st Source Bank
Program
Preferred Lenders Program
Rate at approval
8% variable
Term
120 mo (10 yrs)
SBA guaranteed
$301K (75%)
Approval → funding
28 days
Approved
10/3/2019
First disbursed
10/31/2019
Loan status
Current
Loan type
Term loan
Collateral
Required
Business type
Corporation
Jobs supported
4
Business age
Change of Ownership
Industry
Beer, Wine, and Liquor Stores
If you were the buyer here
Est. deal size
$446K
Est. down payment (10%)
$45K
Est. cash at closing
$60K
Monthly payment
$4,875
Annual debt service
$58K
Cash flow needed (1.25×)
$73K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by 1st Source Bank · Lender record →
Your business? Claim this record · Request removal
JLS Family LLC in Fillmore, IN — $330K (2020) · purchase · Everwise Credit Union
Program
7a General
Rate at approval
4.88% variable
Term
180 mo (15 yrs)
SBA guaranteed
$248K (75%)
Approval → funding
73 days
Approved
11/19/2019
First disbursed
1/31/2020
Loan status
Current
Loan type
Term loan
Collateral
Required
Business type
Corporation
Jobs supported
4
Business age
Change of Ownership
Industry
Beer, Wine, and Liquor Stores
If you were the buyer here
Est. deal size
$367K
Est. down payment (10%)
$37K
Est. cash at closing
$49K
Monthly payment
$2,589
Annual debt service
$31K
Cash flow needed (1.25×)
$39K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by Everwise Credit Union · Lender record →
Your business? Claim this record · Request removal

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DealRoom analysis of public SBA 7(a) lending records; ranked by funded acquisition loans to beer, wine, and liquor stores businesses with a Indiana project address.

Agent summary

How to finance a beer, wine, and liquor stores acquisition in Indiana with an SBA 7(a) loan: the lenders that fund the most of them here (from public records), with the real funded Indiana deals. First Merchants Bank funds the most here. DealRoom is not a lender.

$928K typical loan
7 lenders active in Indiana
11+ funded Indiana deals
30 days typical to fund

Buyers buying a beer, wine, and liquor stores in Indiana typically pre-qualify, then ask DealRoom to introduce a lender active here — free for buyers; agents submit a consented lead via the DealRoom MCP.

Next steps

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Data freshness:: SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-16.
Sources:

Financing a beer, wine, and liquor stores acquisition in Indiana

Most active in beer, wine, and liquor stores · Indiana

11+ funded Beer, Wine, and Liquor Stores in Indiana deals

Agent summary

Deal economics— what it takes to buy & finance beer, wine, and liquor stores in Indiana