East Ridge Outdoors LLC
East Ridge Outdoors LLC is a business in Chattanooga, Tennessee, in the all other rubber product manufacturing industry (NAICS 326299). It was financed with an SBA 7(a) loan for a change of ownership of $1,468,000, approved by Waterfall Bank with an approval date of September 30, 2026.
SBA 7(a) loan, change of ownership, approved Sep 30, 2026
$1,468,000 approvedLender: Waterfall Bank10 years termCommitted, not fully disbursedLoan details
- Gross approval
- $1,468,000
- SBA-guaranteed amount
- $1,101,000 (75% of the approval)
- Lender
- Waterfall Bank, Clearwater, FL
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- September 30, 2036 (estimated, approval date plus term)
- Estimated monthly payment
- $18,596 Estimated payment at the initial rate over the full term; actual terms vary.
- Loan status
- Committed, not fully disbursed
- Jobs supported
- 10
- Business type
- Corporation
- NAICS
- 326299, All Other Rubber Product Manufacturing
- Project location
- Hamilton County, TN
- SBA district office
- Tennessee District Office
- Congressional district
- TN-03
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Average acquisition loan in All Other Rubber Product Manufacturing: $1,942,667.
- Average acquisition loan in Tennessee: $1,738,925.
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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