The Three Ring Brewing Co. Llc

197 Hilliard Avenue, Asheville, NC 28801 · Drinking Places (alcoholic Beverages) (NAICS 722410)

Loan Summary

Source: SBA FOIA Loan-Level Data

Total Loans

6

Total Amount

$6.6M

Jobs Supported

70

Years Active

2013–2020

Loan History (6)

Source: SBA FOIA
7(a)$350,000
Paid in Full
Approved
Oct 21, 2019 (FY2020)
SBA Guaranteed
$262,500 (75%)
Term
172 months (14.3 yrs)
Interest Rate
7.15%
Revolver
0
Jobs Supported
20
Business Type
Corporation
Business Age
Existing or More Than 2 Years Old
Industry
Drinking Places (alcoholic Beverages) (NAICS 722410)
Paid in Full
Mar 31, 2022

Lender

Live Oak Banking Company

1741 Tiburon Dr, Wilmington, NC 28403

Project Location

Buncombe County, NC

7(a)$3,200,000
Paid in Full
Approved
Nov 28, 2017 (FY2018)
SBA Guaranteed
$2,400,000 (75%)
Term
162 months (13.5 yrs)
Interest Rate
6.25%
Revolver
0
Jobs Supported
40
Business Type
Corporation
Business Age
Existing, 5 or More Years
Industry
Drinking Places (alcoholic Beverages) (NAICS 722410)
Paid in Full
Mar 31, 2022

Lender

Live Oak Banking Company

1741 Tiburon Dr, Wilmington, NC 28403

Project Location

Buncombe County, NC

7(a)$350,000
Paid in Full
Approved
Aug 28, 2015 (FY2015)
SBA Guaranteed
$175,000 (50%)
Term
84 months (7.0 yrs)
Interest Rate
6.00%
Revolver
0
Business Type
Corporation
Industry
Breweries (NAICS 312120)
Paid in Full
Dec 31, 2017

Lender

First National Bank of Pennsylvania

166 Main St, Greenville, PA 16125

Project Location

Buncombe County, NC

7(a)$2,396,000
Paid in Full
Approved
Jan 8, 2015 (FY2015)
SBA Guaranteed
$1,797,000 (75%)
Term
120 months (10.0 yrs)
Interest Rate
6.00%
Revolver
0
Business Type
Corporation
Industry
Breweries (NAICS 312120)
Paid in Full
Dec 31, 2017

Lender

First National Bank of Pennsylvania

166 Main St, Greenville, PA 16125

Project Location

Buncombe County, NC

7(a)$30,000
Paid in Full
Approved
Feb 15, 2013 (FY2013)
SBA Guaranteed
$15,000 (50%)
Term
60 months (5.0 yrs)
Interest Rate
5.25%
Revolver
1
Jobs Supported
5
Business Type
Corporation
Industry
Breweries (NAICS 312120)
Paid in Full
Oct 31, 2014

Lender

First Bank

205 Se Broad St, Southern Pines, NC 28387

Project Location

Buncombe County, NC

7(a)$254,000
Paid in Full
Approved
Feb 26, 2013 (FY2013)
SBA Guaranteed
$190,500 (75%)
Term
120 months (10.0 yrs)
Interest Rate
6.00%
Revolver
0
Jobs Supported
5
Business Type
Corporation
Industry
Drinking Places (alcoholic Beverages) (NAICS 722410)
Paid in Full
Jun 30, 2021

Lender

First Bank

205 Se Broad St, Southern Pines, NC 28387

Project Location

Buncombe County, NC

Business Details

Business Type
Corporation
Business Age
Existing or More Than 2 Years Old
NAICS Code
722410 Drinking Places (alcoholic Beverages)
Address
197 Hilliard Avenue
Asheville, NC 28801

Lenders

Live Oak Banking Company
1741 Tiburon Dr, Wilmington, NC 28403
First National Bank of Pennsylvania
166 Main St, Greenville, PA 16125
First Bank
205 Se Broad St, Southern Pines, NC 28387

Other SBA Borrowers in Asheville

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