Harvey's Butter Rum Batter LLC
Harvey's Butter Rum Batter LLC, located in Bremerton, Washington, operates in the other snack food manufacturing industry (NAICS 311919). The business was financed with an SBA 7(a) loan for a change of ownership of $1,015,000, approved on May 15, 2026 by Evolve Bank and Trust.
SBA 7(a) loan, change of ownership, approved May 15, 2026
$1,015,000 approvedLender: Evolve Bank and Trust10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $1,015,000
- SBA-guaranteed amount
- $913,500 (90% of the approval)
- Lender
- Evolve Bank and Trust, West Memphis, AR
- Processing method
- International Trade Loan: for businesses that export or are preparing to
- Initial interest rate
- 9.5%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- May 15, 2036 (estimated, approval date plus term)
- Estimated monthly payment
- $13,134 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jun 15, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 3
- Business type
- Corporation
- NAICS
- 311919, Other Snack Food Manufacturing
- Project location
- Kitsap County, WA
- SBA district office
- Seattle District Office
- Congressional district
- WA-06
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Average acquisition loan in Other Snack Food Manufacturing: $1,015,000.
- Average acquisition loan in Washington: $1,784,595.
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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