FranchiseRanked

MGM Wine & Spirits

RetailSBA loans FY2021–FY2024

12

SBA Loans

$6.4M

Total Financed

$532K

Avg Loan Size

—

YoY Loan Growth

How MGM Wine & Spirits Compares

  • Ranks #70 of 413 Retail brands by SBA loan count (#772 of 3,543 overall).
  • Its average loan of $532K is 28% above the Retail median of $415K.
  • With only 12 loans on record, its own charge-off rate isn't statistically meaningful -- for context, Retail brands overall see a 1.1% charge-off rate across 4,387 loans.

SBA Loan Activity by Fiscal Year

Fiscal YearLoansTotal Financed
FY20213$1.2M
FY20224$1.3M
FY20233$2.6M
FY20242$1.2M

FY2024 may be a partial year -- the SBA dataset is refreshed quarterly and the most recent fiscal year is often incomplete.

Where MGM Wine & Spirits Is Getting SBA-Financed

Recent SBA-Financed MGM Wine & Spirits Locations

Borrower names and amounts as reported in the SBA's public 7(a) loan dataset.

Spirits and More LLCRoseville, MN
$814,0002024-08-15
LUSTROUS SPIRITS INC.SAINT PAUL, MN
$409,5002024-05-16
Willar Liquor LLCBURNSVILLE, MN
$428,8002023-09-12
Supreme Spirits LLCRED WING, MN
$1,746,9002023-06-26
TLC Liquors LLCWHITE BEAR LAKE, MN
$447,3002023-03-27
KREKD INCORPORATEDSAINT PAUL, MN
$25,0002022-09-28
Gengreen LLCPlymouth, MN
$75,0002022-08-22
Gengreen LLCPlymouth, MN
$863,0002022-08-22
Rimkus CorporationWinona, MN
$350,0002021-11-16
LUSTROUS SPIRITS INC.ROSEVILLE, MN
$50,0002020-11-05
LUSTROUS SPIRITS INC.ROSEVILLE, MN
$558,0002020-11-05
Krekd IncorporatedVadnais Heights, MN
$611,0002020-10-19

Frequently Asked Questions

Is MGM Wine & Spirits growing or shrinking?

MGM Wine & Spirits doesn't have enough SBA loan activity in both FY2023 and FY2024 to calculate a reliable year-over-year trend. For context, it ranks #70 of 413 Retail brands by total SBA loan count since FY2020 -- a snapshot of scale, if not of trend.

How much does it cost to open a MGM Wine & Spirits franchise?

We don't have that figure -- investment ranges and fees come from a franchisor's Franchise Disclosure Document (FDD), which this site doesn't parse (see methodology). The average SBA loan size of $532K (28% above the typical Retail brand's $415K) is a rough proxy, but SBA loans often cover only part of total investment.

What's the SBA loan default rate for MGM Wine & Spirits?

MGM Wine & Spirits only has 12 SBA loans on record -- too few to calculate a meaningful charge-off rate on its own. For context, Retail brands overall see a 1.1% charge-off rate across 4,387 loans.

Top SBA Lenders

  • U.S. Bank, National Association3
  • BankVista2
  • The Huntington National Bank2
  • Falcon National Bank1
  • Village Bank1
Planning to finance a retail purchase?

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Source: SBA 7(a) FOIA loan dataset. View dataset