Thirteen Ventures F4, Inc.
Thirteen Ventures F4, Inc. is a pet and pet supplies retailer in Raleigh, North Carolina, operating as a Pet Supplies Plus franchise. The company was financed with an SBA 7(a) loan for a change of ownership of $1,546,500, provided by Bank of Oak Ridge and approved on January 31, 2025. The loan supports 14 jobs.
SBA 7(a) loan, change of ownership, approved Jan 31, 2025
$1,546,500 approvedLender: Bank of Oak Ridge10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $1,546,500
- SBA-guaranteed amount
- $1,159,875 (75% of the approval)
- Lender
- Bank of Oak Ridge, Oak Ridge, NC
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9.5%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- January 31, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $20,011 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Mar 4, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 14
- Business type
- Corporation
- NAICS
- 459910, Pet and Pet Supplies Retailers
- Franchise
- Pet Supplies Plus
- Project location
- Wake County, NC
- SBA district office
- North Carolina District Office
- Congressional district
- NC-02
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 73% of acquisition loans in Pet and Pet Supplies Retailers on this site.
- Average acquisition loan in Pet and Pet Supplies Retailers: $1,298,400.
- 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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Same industry in North Carolina
- Best 4K9, Oak Ridge
- Thirteen Ventures F3, Inc., Goldsboro