Triad Business Bank: SBA Loan Record, Deal Sizes & Industries | DealRoom

Triad Business Bank: SBA Loan Record, Deal Sizes & Industries | DealRoom

Recent deals

Puroast Coffee Company, Inc. in High Point, NC — $2.9M (2024) · Other Grocery and Related Products Merchant Wholesalers
Program
7a General
Rate at approval
10.5% variable
Term
120 mo (10 yrs)
SBA guaranteed
$2.2M (75%)
Approval → funding
33 days
Approved
10/28/2023
First disbursed
11/30/2023
Loan status
Current
Loan type
Term loan
Collateral
Required
Business type
Corporation
Secondary market
Loan sold to investors
Jobs supported
36
Business age
Existing or more than 2 years old
Industry
Other Grocery and Related Products Merchant Wholesalers
Your business? Claim this record · Request removal
Southern Outdoor Living in Summerfield, NC — $929K (2024) · Landscaping Services
Program
7a General
Rate at approval
11.25% variable
Term
120 mo (10 yrs)
SBA guaranteed
$696K (75%)
Approval → funding
14 days
Approved
2/1/2024
First disbursed
2/15/2024
Loan status
Current
Loan type
Term loan
Collateral
Required
Business type
Corporation
Secondary market
Loan sold to investors
Heiserman Audio LLC in Cary, NC — $500K (2024) · Audio and Video Equipment Manufacturing
Program
7a General
Rate at approval
11% variable
Term
120 mo (10 yrs)
SBA guaranteed
$375K (75%)
Approval → funding
34 days
Approved
6/12/2024
First disbursed
7/16/2024
Loan status
Current
Loan type
Term loan
Collateral
Required
Business type
Corporation
Jobs supported
6
Shields Auto Glass LLC in Kernersville, NC — $350K (2024) · Automotive Glass Replacement Shops
Program
7a General
Rate at approval
9.5% variable
Term
300 mo (25 yrs)
SBA guaranteed
$263K (75%)
Approved
3/27/2024
Loan status
Cancelled
Loan type
Term loan
Collateral
Required
Business type
Corporation
Jobs supported
2
Business age
New Business or 2 years or less
Industry
Automotive Glass Replacement Shops
Parklawn Ventures, LLC in Greensboro, NC — $1.3M (2023) · Elementary and Secondary Schools
Program
7a General
Rate at approval
10.75% variable
Term
126 months
SBA guaranteed
$990K (75%)
Approval → funding
22 days
Approved
8/31/2023
First disbursed
9/22/2023
Loan status
Current
Loan type
Term loan
Collateral
Required
Business type
Corporation
Franchise
Ivybrook Academy
i-LEADR, Inc. in Statesville, NC — $245K (2023) · Administrative Management and General Management Consulting
Program
7a General
Rate at approval
10% variable
Term
120 mo (10 yrs)
SBA guaranteed
$184K (75%)
Approval → funding
41 days
Approved
5/4/2023
First disbursed
6/14/2023
Loan status
Current
Loan type
Term loan
Collateral
Required
Business type
Corporation
Secondary market

Hover or tap a deal for terms: program, rate, SBA guarantee, days to fund.

One of these businesses yours? Claim your listing or request removal.