Poppy Handcrafted Popcorn Inc.

12 Gerber Rd, Asheville, NC 28803 · Roasted Nuts and Peanut Butter Manufacturing (NAICS 311911)

Loan Summary

Source: SBA FOIA Loan-Level Data

Total Loans

2

Total Amount

$5.0M

Jobs Supported

79

Years Active

2015–2024

Loan History (2)

Source: SBA FOIA
7(a)$5,000,000
Exempt
Approved
Dec 6, 2023 (FY2024)
SBA Guaranteed
$3,750,000 (75%)
Term
128 months (10.7 yrs)
Interest Rate
11.25%
Revolver
0
Jobs Supported
74
Business Type
Corporation
Business Age
Existing or More Than 2 Years Old
Industry
Roasted Nuts and Peanut Butter Manufacturing (NAICS 311911)

Lender

Readycap Lending, Llc

200 Connell Drive, Berkeley Heights, NJ 7922

Project Location

Buncombe County, NC

7(a)$10,000
Paid in Full
Approved
Mar 2, 2015 (FY2015)
SBA Guaranteed
$5,000 (50%)
Term
84 months (7.0 yrs)
Interest Rate
9.75%
Revolver
1
Jobs Supported
5
Business Type
Corporation
Industry
Other Snack Food Manufacturing (NAICS 311919)
Paid in Full
Jul 31, 2021

Lender

Wells Fargo Bank National Association

3201 N 4th Ave, Sioux Falls, SD 57104

Project Location

Buncombe County, NC

Business Details

Business Type
Corporation
Business Age
Existing or More Than 2 Years Old
NAICS Code
311911 Roasted Nuts and Peanut Butter Manufacturing
Address
12 Gerber Rd
Asheville, NC 28803

Lenders

Readycap Lending, Llc
200 Connell Drive, Berkeley Heights, NJ 7922
Wells Fargo Bank National Association
3201 N 4th Ave, Sioux Falls, SD 57104

Other SBA Borrowers in Asheville

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