Armen Stone Llc
322 Fonville St, Burlington, NC 27217 · Cut Stone and Stone Product Manufacturing (NAICS 327991)
Loan Summary
Source: SBA FOIA Loan-Level DataTotal Loans
3
Total Amount
$3.9M
Jobs Supported
56
Years Active
2022–2025
Loan History (3)
Source: SBA FOIA7(a)$500,000
Exempt
- Approved
- Nov 22, 2024 (FY2025)
- SBA Guaranteed
- $250,000 (50%)
- Term
- 119 months (9.9 yrs)
- Interest Rate
- 10.75%
- Revolver
- 1
- Jobs Supported
- 23
- Business Type
- Corporation
- Business Age
- Existing or More Than 2 Years Old
- Industry
- Cut Stone and Stone Product Manufacturing (NAICS 327991)
Lender
Atlantic Union Bank
1051 E Cary St, Ste 103, Richmond, VA 23219
Project Location
Alamance County, NC
7(a)$150,000
Paid in Full
- Approved
- Aug 23, 2022 (FY2022)
- SBA Guaranteed
- $75,000 (50%)
- Term
- 120 months (10.0 yrs)
- Interest Rate
- 8.25%
- Revolver
- 1
- Jobs Supported
- 16
- Business Type
- Corporation
- Business Age
- Startup, Loan Funds Will Open Business
- Industry
- All Other Specialty Trade Contractors (NAICS 238990)
- Paid in Full
- Dec 31, 2024
Lender
The Fidelity Bank
100 S Main St, Fuquay Varina, NC 27526
Project Location
Alamance County, NC
7(a)$3,200,000
Exempt
- Approved
- Aug 23, 2022 (FY2022)
- SBA Guaranteed
- $2,400,000 (75%)
- Term
- 234 months (19.5 yrs)
- Interest Rate
- 7.50%
- Revolver
- 0
- Jobs Supported
- 17
- Business Type
- Corporation
- Business Age
- Startup, Loan Funds Will Open Business
- Industry
- All Other Specialty Trade Contractors (NAICS 238990)
Lender
The Fidelity Bank
100 S Main St, Fuquay Varina, NC 27526
Project Location
Alamance County, NC
Business Details
- Business Type
- Corporation
- Business Age
- Existing or More Than 2 Years Old
- NAICS Code
- 327991 — Cut Stone and Stone Product Manufacturing
- Address
- 322 Fonville St
Burlington, NC 27217
Lenders
- Atlantic Union Bank
- 1051 E Cary St, Ste 103, Richmond, VA 23219
- The Fidelity Bank
- 100 S Main St, Fuquay Varina, NC 27526