Ben & Jerry's
Ben & Jerry's is located in Greensboro, NC, and the SBA lists its industry as Limited-Service Restaurants. It was approved for an SBA 7(a) loan of $665,000 for a change of ownership on August 11, 2025.
SBA 7(a) loan, change of ownership, approved Aug 11, 2025
- Gross approval
- $665,000
- SBA-guaranteed amount
- $498,750 (75% of the approval)
- Lender
- Climate First Bank, St. Petersburg, FL
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9.75%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- August 11, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $8,696 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Oct 24, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 12
- Business type
- Corporation
- NAICS
- 722513, Limited-Service Restaurants
- Project location
- Guilford County, NC
- SBA district office
- North Carolina District Office
- Congressional district
- NC-06
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 25% of acquisition loans in Limited-Service Restaurants on this site.
- Average acquisition loan in Limited-Service Restaurants: $1,303,660.
- Average acquisition loan in North Carolina: $1,952,444.
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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