Vilas & Co. Inc.

1501 N. Charlotte Avenue, Monroe, NC 28110 · Poultry and Poultry Product Merchant Wholesalers (NAICS 424440)

Loan Summary

Source: SBA FOIA Loan-Level Data

Total Loans

9

Total Amount

$16.8M

Jobs Supported

34

Years Active

2011–2024

Loan History (9)

Source: SBA FOIA
7(a)$2,250,000
Exempt
Approved
Jul 30, 2024 (FY2024)
SBA Guaranteed
$2,025,000 (90%)
Term
24 months (2.0 yrs)
Interest Rate
9.00%
Revolver
1
Jobs Supported
4
Business Type
Corporation
Business Age
Existing or More Than 2 Years Old
Industry
Poultry and Poultry Product Merchant Wholesalers (NAICS 424440)

Lender

Truist Bank

214 N Tryon St, Charlotte, NC 28202

Project Location

Union County, NC

7(a)$2,250,000
Paid in Full
Approved
Jul 14, 2021 (FY2021)
SBA Guaranteed
$2,025,000 (90%)
Term
35 months (2.9 yrs)
Interest Rate
3.75%
Revolver
1
Jobs Supported
4
Business Type
Corporation
Business Age
Existing or More Than 2 Years Old
Industry
Poultry and Poultry Product Merchant Wholesalers (NAICS 424440)
Paid in Full
Jun 30, 2024

Lender

Truist Bank

214 N Tryon St, Charlotte, NC 28202

Project Location

Union County, NC

7(a)$2,250,000
Paid in Full
Approved
Apr 29, 2020 (FY2020)
SBA Guaranteed
$2,025,000 (90%)
Term
12 months (1.0 yrs)
Interest Rate
3.75%
Revolver
1
Jobs Supported
4
Business Type
Corporation
Business Age
Existing or More Than 2 Years Old
Industry
Poultry and Poultry Product Merchant Wholesalers (NAICS 424440)
Paid in Full
Jun 30, 2021

Lender

Truist Bank

214 N Tryon St, Charlotte, NC 28202

Project Location

Union County, NC

7(a)$1,250,000
Paid in Full
Approved
Apr 26, 2019 (FY2019)
SBA Guaranteed
$1,125,000 (90%)
Term
12 months (1.0 yrs)
Interest Rate
6.00%
Revolver
1
Jobs Supported
4
Business Type
Corporation
Business Age
Existing or More Than 2 Years Old
Industry
Poultry and Poultry Product Merchant Wholesalers (NAICS 424440)
Paid in Full
Apr 30, 2020

Lender

Truist Bank

214 N Tryon St, Charlotte, NC 28202

Project Location

Union County, NC

7(a)$1,250,000
Paid in Full
Approved
Apr 23, 2018 (FY2018)
SBA Guaranteed
$1,125,000 (90%)
Term
12 months (1.0 yrs)
Interest Rate
5.25%
Revolver
1
Jobs Supported
4
Business Type
Corporation
Business Age
Existing or More Than 2 Years Old
Industry
Poultry and Poultry Product Merchant Wholesalers (NAICS 424440)
Paid in Full
Apr 30, 2019

Lender

Truist Bank

214 N Tryon St, Charlotte, NC 28202

Project Location

Union County, NC

7(a)$1,500,000
Paid in Full
Approved
Apr 4, 2017 (FY2017)
SBA Guaranteed
$1,350,000 (90%)
Term
12 months (1.0 yrs)
Interest Rate
4.50%
Revolver
1
Jobs Supported
4
Business Type
Corporation
Industry
Poultry and Poultry Product Merchant Wholesalers (NAICS 424440)
Paid in Full
Apr 30, 2018

Lender

Truist Bank

214 N Tryon St, Charlotte, NC 28202

Project Location

Union County, NC

7(a)$3,000,000
Paid in Full
Approved
Feb 17, 2016 (FY2016)
SBA Guaranteed
$2,700,000 (90%)
Term
12 months (1.0 yrs)
Interest Rate
4.00%
Revolver
1
Jobs Supported
4
Business Type
Corporation
Industry
Poultry and Poultry Product Merchant Wholesalers (NAICS 424440)
Paid in Full
Mar 31, 2017

Lender

Truist Bank

214 N Tryon St, Charlotte, NC 28202

Project Location

Union County, NC

7(a)$1,500,000
Paid in Full
Approved
Jun 27, 2012 (FY2012)
SBA Guaranteed
$1,350,000 (90%)
Term
12 months (1.0 yrs)
Interest Rate
5.00%
Revolver
1
Jobs Supported
3
Business Type
Corporation
Industry
Poultry and Poultry Product Merchant Wholesalers (NAICS 424440)
Paid in Full
Aug 31, 2013

Lender

Synovus Bank

33 W 14th St, Columbus, GA 31901

Project Location

Union County, NC

7(a)$1,500,000
Paid in Full
Approved
Apr 7, 2011 (FY2011)
SBA Guaranteed
$1,350,000 (90%)
Term
12 months (1.0 yrs)
Interest Rate
4.50%
Revolver
1
Jobs Supported
3
Business Type
Corporation
Industry
Poultry and Poultry Product Merchant Wholesalers (NAICS 424440)
Paid in Full
Jun 30, 2012

Lender

Wells Fargo Bank National Association

3201 N 4th Ave, Sioux Falls, SD 57104

Project Location

Union County, NC

Business Details

Business Type
Corporation
Business Age
Existing or More Than 2 Years Old
NAICS Code
424440 — Poultry and Poultry Product Merchant Wholesalers
Address
1501 N. Charlotte Avenue
Monroe, NC 28110

Lenders

Truist Bank
214 N Tryon St, Charlotte, NC 28202
Synovus Bank
33 W 14th St, Columbus, GA 31901
Wells Fargo Bank National Association
3201 N 4th Ave, Sioux Falls, SD 57104

Other SBA Borrowers in Monroe

Shri Vasudev Hospitality Llc$5.1M in SBA loansRr Industries Llc$5.0M in SBA loansMint Hill Cabinets Inc.$5.0M in SBA loansOm Lodging Llc$5.0M in SBA loansGordon Funeral & Cremation Service$4.6M in SBA loans
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