Bloomin Crazy Nursery and More Inc.
Bloomin Crazy Nursery and More Inc. is a nursery, garden center, and farm supply retailer located in Belville, NC. The company was financed with an SBA 7(a) loan for a change of ownership, in the amount of $2,740,000, approved through Paragon Bank on December 13, 2025.
SBA 7(a) loan, change of ownership, approved Dec 13, 2025
$2,740,000 approvedLender: Paragon Bank10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $2,740,000
- SBA-guaranteed amount
- $2,055,000 (75% of the approval)
- Lender
- Paragon Bank, Memphis, TN
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- December 13, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $34,709 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Dec 18, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 100
- Business type
- Corporation
- NAICS
- 444240, Nursery, Garden Center, and Farm Supply Retailers
- Project location
- Brunswick County, NC
- SBA district office
- North Carolina District Office
- Congressional district
- NC-07
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 83% of acquisition loans in Nursery, Garden Center, and Farm Supply Retailers on this site.
- Average acquisition loan in Nursery, Garden Center, and Farm Supply Retailers: $1,340,850.
- Average acquisition loan in North Carolina: $1,952,444.
Loan amounts are the SBA approval, not a purchase price. Figures labeled estimated are derived on this site and are not published by the SBA.
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