Coyote Hole Craft Beverages
Coyote Hole Craft Beverages, located in Mineral, Virginia, is classified under the industry Wineries (NAICS 312130). The company financed real estate or equipment through an SBA 504 loan of $1,537,000, approved on February 28, 2024, with Blue Ridge Bank National Association as the lending bank and 504 Capital Corporation as the certified development company.
SBA 504 loan, approved Feb 28, 2024
$1,537,000 SBA portionCDC: 504 Capital Corporation25 years termStatus not reported (SBA exemption)Loan details
- SBA (CDC) portion
- $1,537,000
- Bank portion
- $1,576,974
- Estimated project size
- $3,459,971 (estimated)
- Estimated owner equity
- $345,997 (estimated, about 10% of the project)
- Bank lender
- Blue Ridge Bank National Association, Martinsville, VA
- Processing method
- 504 Refinancing: refinances existing business debt
- Term
- 25 years (300 months)
- Estimated maturity
- February 28, 2049 (estimated, approval date plus term)
- First disbursement
- Aug 14, 2024
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 6
- Business type
- Individual
- NAICS
- 312130, Wineries
- Project location
- Louisa County, VA
- SBA district office
- Richmond District Office
- Congressional district
- VA-7
- Collateral
- Yes
Estimated share of project by source
Bank 46% SBA (CDC) 44% Owner 10%
- Average expansion loan in Wineries: $1,851,000.
- Average expansion loan in Virginia: $1,938,955.
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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