Piedmont Vines & Wines LLC
Piedmont Vines & Wines LLC, located in Gibsonville, North Carolina, operates in the winery industry (NAICS 312130). The company was financed with an SBA 7(a) loan for a change of ownership totaling $1,452,000, approved by Bank of Oak Ridge on September 25, 2026.
SBA 7(a) loan, change of ownership, approved Sep 25, 2026
$1,452,000 approvedLender: Bank of Oak Ridge25 years termCommitted, not fully disbursedLoan details
- Gross approval
- $1,452,000
- SBA-guaranteed amount
- $1,089,000 (75% of the approval)
- Lender
- Bank of Oak Ridge, Oak Ridge, NC
- Processing method
- Standard 7(a): the lender submits the application for SBA review
- Initial interest rate
- 9.25%, variable
- Term
- 25 years (300 months)
- Estimated maturity
- September 25, 2051 (estimated, approval date plus term)
- Estimated monthly payment
- $12,435 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
- 312130, Wineries
- Project location
- Guilford County, NC
- SBA district office
- North Carolina District Office
- Congressional district
- NC-06
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Average acquisition loan in Wineries: $2,425,833.
- 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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