Back Forty Beer Company Llc

200 North 6th Street, Gadsden, AL 35901 · Breweries (NAICS 312120)

Loan Summary

Source: SBA FOIA Loan-Level Data

Total Loans

4

Total Amount

$1.7M

Jobs Supported

85

Years Active

2011–2015

Loan History (4)

Source: SBA FOIA
7(a)$788,200
Paid in Full
Approved
Aug 17, 2015 (FY2015)
SBA Guaranteed
$709,380 (90%)
Term
179 months (14.9 yrs)
Interest Rate
6.00%
Revolver
0
Jobs Supported
32
Business Type
Corporation
Industry
Breweries (NAICS 312120)
Paid in Full
Jan 31, 2022

Lender

The Exchange Bank of Alabama

7170 6th Ave, Altoona, AL 35952

Project Location

Etowah County, AL

7(a)$537,000
Paid in Full
Approved
Aug 17, 2015 (FY2015)
SBA Guaranteed
$483,300 (90%)
Term
120 months (10.0 yrs)
Interest Rate
6.00%
Revolver
0
Jobs Supported
32
Business Type
Corporation
Industry
Breweries (NAICS 312120)
Paid in Full
Jan 31, 2022

Lender

The Exchange Bank of Alabama

7170 6th Ave, Altoona, AL 35952

Project Location

Etowah County, AL

7(a)$75,000
Paid in Full
Approved
Sep 23, 2011 (FY2011)
SBA Guaranteed
$37,500 (50%)
Term
84 months (7.0 yrs)
Interest Rate
7.75%
Revolver
1
Jobs Supported
11
Business Type
Corporation
Industry
Breweries (NAICS 312120)
Paid in Full
Oct 31, 2018

Lender

The Exchange Bank of Alabama

7170 6th Ave, Altoona, AL 35952

Project Location

Etowah County, AL

7(a)$334,400
Paid in Full
Approved
Oct 26, 2010 (FY2011)
SBA Guaranteed
$300,960 (90%)
Term
180 months (15.0 yrs)
Interest Rate
8.08%
Revolver
0
Jobs Supported
10
Business Type
Corporation
Industry
Breweries (NAICS 312120)
Paid in Full
Jan 31, 2022

Lender

The Exchange Bank of Alabama

7170 6th Ave, Altoona, AL 35952

Project Location

Etowah County, AL

Business Details

Business Type
Corporation
NAICS Code
312120 Breweries
Address
200 North 6th Street
Gadsden, AL 35901

Lender

The Exchange Bank of Alabama
7170 6th Ave, Altoona, AL 35952

Other SBA Borrowers in Gadsden

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