Newton Holdings, LLC
Newton Holdings, LLC is an independent artists, writers, and performers business located in Hixson, TN, under NAICS code 711510. It financed real estate or equipment through an SBA 504 loan with an SBA portion of $1,975,000, approved on August 19, 2025, through Tennessee Valley Federal Credit Union with Brightbridge, Inc. as the certified development company.
SBA 504 loan, approved Aug 19, 2025
$1,975,000 SBA portionCDC: Brightbridge, Inc.25 years termApproved, not yet fundedLoan details
- SBA (CDC) portion
- $1,975,000
- Bank portion
- $2,412,500
- Estimated project size
- $4,875,000 (estimated)
- Estimated owner equity
- $487,500 (estimated, about 10% of the project)
- Bank lender
- Tennessee Valley Federal Credit Union, Chattanooga, TN
- Processing method
- 504 Basic: standard SBA processing through a CDC
- Term
- 25 years (300 months)
- Estimated maturity
- August 19, 2050 (estimated, approval date plus term)
- Loan status
- Approved, not yet funded
- Jobs supported
- 6
- Business type
- Corporation
- NAICS
- 711510, Independent Artists, Writers, and Performers
- Project location
- Hamilton County, TN
- SBA district office
- Tennessee District Office
- Congressional district
- TN-3
- Collateral
- Yes
Estimated share of project by source
Bank 49% SBA (CDC) 41% Owner 10%
- Average expansion loan in Independent Artists, Writers, and Performers: $1,931,625.
- Average expansion loan in Tennessee: $2,402,643.
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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