Perennial Harvest LLC
Perennial Harvest LLC, located in Pagosa Springs, Colorado, operates in prefabricated wood building manufacturing (NAICS 321992). The company was financed with an SBA 7(a) loan for a change of ownership, in the amount of $3,124,500, approved by The Huntington National Bank on March 13, 2025, with the loan reported as creating or retaining 21 jobs.
SBA 7(a) loan, change of ownership, approved Mar 13, 2025
$3,124,500 approvedLender: The Huntington National Bank25 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $3,124,500
- SBA-guaranteed amount
- $2,343,375 (75% of the approval)
- Lender
- The Huntington National Bank, Columbus, OH
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 7.6%, fixed
- Term
- 25 years (300 months)
- Estimated maturity
- March 13, 2050 (estimated, approval date plus term)
- Estimated monthly payment
- $23,293 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Apr 28, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 21
- Business type
- Corporation
- NAICS
- 321992, Prefabricated Wood Building Manufacturing
- Project location
- Archuleta County, CO
- SBA district office
- Colorado District Office
- Congressional district
- CO-03
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Average acquisition loan in Prefabricated Wood Building Manufacturing: $1,945,833.
- Average acquisition loan in Colorado: $1,608,658.
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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