Edible Arrangements
Edible Arrangements, located in Rochester, NY, operates in the All Other Specialty Food Retailers industry (NAICS 445298). The business was financed with an SBA 7(a) loan for a change of ownership of $1.18 million, approved by United FCU on March 20, 2025.
SBA 7(a) loan, change of ownership, approved Mar 20, 2025
$1,180,000 approvedLender: United FCU10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $1,180,000
- SBA-guaranteed amount
- $885,000 (75% of the approval)
- Lender
- United FCU, Saint Joseph, MI
- Processing method
- Standard 7(a): the lender submits the application for SBA review
- Initial interest rate
- 10%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- March 20, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $15,594 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Apr 9, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 22
- Business type
- Corporation
- NAICS
- 445298, All Other Specialty Food Retailers
- Franchise
- Edible Arrangements
- Project location
- Monroe County, NY
- SBA district office
- Buffalo District Office
- Congressional district
- NY-25
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 38% of acquisition loans in All Other Specialty Food Retailers on this site.
- Average acquisition loan in All Other Specialty Food Retailers: $1,581,762.
- Average acquisition loan in New York: $1,771,512.
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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Same industry in New York
- Red Horse Market, Southampton
- Dulcet Gift Baskets Corp., Monroe