# Gibvater Gear, LLC, WILMINGTON NC: $350,000 SBA 7(a) loan approved 2026-02-08

**Fresh Capital Score:** 45/100

| Field | Value |
|---|---|
| Business | Gibvater Gear, LLC |
| Location | WILMINGTON, NC, 28403 |
| County | NEW HANOVER |
| Program | SBA 7(a) |
| Gross approval | $350,000 |
| SBA guaranteed | $262,500 |
| Approved | 2026-02-08 |
| Lender | Wells Fargo Bank National Association |
| Term (months) | 126 |
| Industry | Used Merchandise Retailers |
| NAICS | 459510 |
| Franchise | Music Go Round |
| Business type | CORPORATION |
| Business age | Startup, Loan Funds will Open Business |
| Jobs supported | 9 |

## Why this score
- Approval of $350,000.
- New business: still buying services and equipment.
- Franchise (Music Go Round).

Source: U.S. Small Business Administration 7(a) and 504 FOIA loan data (https://data.sba.gov/dataset/7a-504-foia). Last refreshed: 2026-11-04T01:29:00.118Z.
Loan data comes from SBA public FOIA files, which SBA refreshes quarterly, so the newest approvals can lag by up to about four months. Sole proprietors and street addresses are excluded. Informational only.