Holliston Holdings, LLC

LOAN AMOUNT: $2,000,000

LOAN TYPE: SBA 7(a) IT Loan

INDUSTRY: Manufacturing

LOAN DETAILS

Location

Church Hill, Tennessee

Term

15 years

Jobs

110

Prepayment Penalty

5,3,1

History

This SBA 7(a) export loan will be used to refinance debt and provide working capital.

Holliston Holdings, LLC is the nation’s oldest and largest manufacturer of cloth coverings, serving the book cover material, fancy packaging and industrial cloth markets since 1895.

It maintains the industry’s only domestic, fully functional Research & Development facility, providing customers with a continually updated choice of materials, colors, fabrics, coatings and embossing. The company is also the U.S. Government’s preferred supplier of high-security passport cover material.

Located on 171 acres in Church Hill, TN, the Holliston facility houses manufacturing, warehousing, a pilot plant and a research laboratory. This, along with environmentally friendly products designed for the digital age will allow for the company’s long-term financial stability.

Thomas USAF originated, underwrote and took participation in this loan.