Agriculture Support Business Seeking Loan in Kents Store, USA
Organic mealworm farm in Virginia to support local rural communities seeks funds.
| Established | 1-5 year(s) |
| Employees | < 2 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | Nil |
| Run Rate Sales | Nil |
| EBITDA Margin | Nil |
| Industries | Agriculture Support + 1 more |
| Locations | Kents Store |
| Local Time | 1:16 AM America / Chicago |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Seeking Loan
USD
125 thousand
for
10.0%
annual interest,
20
years
(Native Currency: USD 125,000)
Reason: Need 300 sq ft insulated structure, solar-powered battery system, AC/heat pump, and materials for st...
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Collateral Available: USD 225 thousand
Includes physical assets worth
USD
260 thousand
Name, Phone, Email
Not disclosed
Business Name
Not disclosed
User Verification
Documents
Virginia Sales Tax
(22.7 KB)
Tax Certificate
(18.8 KB)
Business Overview
- New business that needs to be 100% solar powered to be considered a completely green company.
- Company is in the process to supply live gut-loaded mealworms to mainly chicken farmers and fishermen, and mealworm castings and frass makes great garden fertilizer for gardeners.
- Operations were started this year and we have already started mealworm breeding.
- Future customers include fish and dairy farms and farm sanctuaries.
- Worms are being bred in small climate-controlled detached structures.
- Company has no liabilities and has a single owner.
- Asset is primarily comprised of immovable properties and we need operational cost as loan to run the business.
- Company is in the process to supply live gut-loaded mealworms to mainly chicken farmers and fishermen, and mealworm castings and frass makes great garden fertilizer for gardeners.
- Operations were started this year and we have already started mealworm breeding.
- Future customers include fish and dairy farms and farm sanctuaries.
- Worms are being bred in small climate-controlled detached structures.
- Company has no liabilities and has a single owner.
- Asset is primarily comprised of immovable properties and we need operational cost as loan to run the business.
Products & Services Overview
Live gut-loaded mealworms, worm castings, frass, and homemade mealworm bedding.
Assets Overview
Tangible: Property, house, detached structure, car, computer, printer.Intangible: Business name, logo (TBD)
Facilities Overview
Property is owned and is almost 5 acres. Worms are being bred in small climate-controlled detached structures.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysCo-founder, Lewes, Financial Consultant connected with the Business
Tags:
Newly Established Agriculture Support Business Seeking Loan in Kents Store, United States
·Newly Established Organic Farming Business Seeking Loan in Kents Store, United States
·Lend to Newly Established Agriculture Support Business in Kents Store, United States
·Lend to Newly Established Organic Farming Business in Kents Store, United States
·Newly Established Agriculture Support Business Seeking Loan
·Newly Established Organic Farming Business Seeking Loan
·Lend to Newly Established Agriculture Support Business
·Lend to Newly Established Organic Farming Business
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