Red Barn Produce Holdings, Inc.
Red Barn Produce Holdings, Inc. of Highland, NY is a business in the General Line Grocery Merchant Wholesalers industry (NAICS 424410). It was financed with an SBA 7(a) loan for a change of ownership totaling $1,256,000, approved on May 26, 2026 by T Bank, National Association.
SBA 7(a) loan, change of ownership, approved May 26, 2026
$1,256,000 approvedLender: T Bank, National Association10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $1,256,000
- SBA-guaranteed amount
- $942,000 (75% of the approval)
- Lender
- T Bank, National Association, Dallas, TX
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- May 26, 2036 (estimated, approval date plus term)
- Estimated monthly payment
- $15,910 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jun 30, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 31
- Business type
- Corporation
- NAICS
- 424410, General Line Grocery Merchant Wholesalers
- Project location
- Ulster County, NY
- SBA district office
- New York District Office
- Congressional district
- NY-19
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 36% of acquisition loans in General Line Grocery Merchant Wholesalers on this site.
- Average acquisition loan in General Line Grocery Merchant Wholesalers: $2,118,293.
- Average acquisition loan in New York: $1,771,512.
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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