SBA lending record
Plato's Closet
121 S Merritt Mill Rd, Chapel Hill, NC 27516 · Clothing and Clothing Accessories Retailers. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$500K
Total SBA financing
1
Loan on record
FY2024
On record
4
Jobs supported
Franchise brand
Plato's Closet
See Plato's Closet's SBA financing data — typical deal, failure rate, and how its loans perform →
● business — business location is the ZIP-area centroid from the public record
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The loan
$500,000 — FY2024
- Gross approval
- $500,000
- SBA guaranteed
- $375,000 (75%)
- Status
- Current
- Rate at approval
- 11% v
- Term
- 126 mo (11 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 9/23/2024
- First disbursement
- 10/3/2024
- Days to fund
- 10 days
- Collateral
- Required
- Jobs supported
- 4
- Business type
The lender
First Bank of the Lake
1 loan to this businessFull SBA lending record + branches on the lender page →Is Plato's Closet your business?
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DealRoom listing built from public SBA 7(a) lending records. Figures are as reported; verify before relying on them. Not affiliated with Plato's Closet.