Butcher Cuts Inc.
719 Bank St Ne, Decatur, AL 35601 · Barber Shops (NAICS 812111)
Loan Summary
Source: SBA FOIA Loan-Level DataTotal Loans
3
Total Amount
$1.6M
Jobs Supported
130
Years Active
2021–2025
Loan History (3)
Source: SBA FOIA7(a)$500,000
Exempt
- Approved
- Dec 10, 2024 (FY2025)
- SBA Guaranteed
- $375,000 (75%)
- Term
- 120 months (10.0 yrs)
- Interest Rate
- 9.24%
- Revolver
- 0
- Jobs Supported
- 86
- Business Type
- Corporation
- Business Age
- Existing or More Than 2 Years Old
- Industry
- Barber Shops (NAICS 812111)
Lender
Live Oak Banking Company
1741 Tiburon Dr, Wilmington, NC 28403
Project Location
Morgan County, AL
7(a)$850,000
Exempt
- Approved
- Sep 13, 2021 (FY2021)
- SBA Guaranteed
- $765,000 (90%)
- Term
- 120 months (10.0 yrs)
- Interest Rate
- 4.60%
- Revolver
- 0
- Jobs Supported
- 22
- Business Type
- Corporation
- Business Age
- New Business or 2 Years or Less
- Industry
- Barber Shops (NAICS 812111)
Lender
Live Oak Banking Company
1741 Tiburon Dr, Wilmington, NC 28403
Project Location
Morgan County, AL
7(a)$275,000
Exempt
- Approved
- Sep 13, 2021 (FY2021)
- SBA Guaranteed
- $247,500 (90%)
- Term
- 126 months (10.5 yrs)
- Interest Rate
- 5.75%
- Revolver
- 0
- Jobs Supported
- 22
- Business Type
- Corporation
- Business Age
- New Business or 2 Years or Less
- Industry
- Barber Shops (NAICS 812111)
Lender
Live Oak Banking Company
1741 Tiburon Dr, Wilmington, NC 28403
Project Location
Morgan County, AL
Business Details
- Business Type
- Corporation
- Business Age
- Existing or More Than 2 Years Old
- NAICS Code
- 812111 — Barber Shops
- Address
- 719 Bank St Ne
Decatur, AL 35601
Lender
- Live Oak Banking Company
- 1741 Tiburon Dr, Wilmington, NC 28403