Shops at Chestnut Llc

2945 Matthews-weddington Rd, Matthews, NC 28104 · Full-service Restaurants (NAICS 722511)

Loan Summary

Source: SBA FOIA Loan-Level Data

Total Loans

2

Total Amount

$3.6M

Jobs Supported

102

Years Active

2015–2017

Loan History (2)

Source: SBA FOIA
7(a)$150,000
Paid in Full
Approved
Jun 7, 2017 (FY2017)
SBA Guaranteed
$127,500 (85%)
Term
120 months (10.0 yrs)
Interest Rate
6.00%
Revolver
0
Jobs Supported
50
Business Type
Corporation
Industry
Full-service Restaurants (NAICS 722511)
Paid in Full
Sep 30, 2018

Lender

Southstate Bank, National Association

1101 First St South, Winter Haven, FL 33880

Project Location

Union County, NC

7(a)$3,450,000
Paid in Full
Approved
Jul 20, 2015 (FY2015)
SBA Guaranteed
$2,587,500 (75%)
Term
300 months (25.0 yrs)
Interest Rate
5.25%
Revolver
0
Jobs Supported
52
Business Type
Corporation
Industry
Full-service Restaurants (NAICS 722511)
Paid in Full
Sep 30, 2018

Lender

Southstate Bank, National Association

1101 First St South, Winter Haven, FL 33880

Project Location

Union County, NC

Business Details

Business Type
Corporation
NAICS Code
722511 Full-service Restaurants
Address
2945 Matthews-weddington Rd
Matthews, NC 28104

Lender

Southstate Bank, National Association
1101 First St South, Winter Haven, FL 33880

Other SBA Borrowers in Matthews

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