Vantage Bank Texas $7.5M term loan
Company: Applied Digital
The claim, verbatim
On March 11, 2022, the company entered a $7.5 million, five-year term loan at 5% interest with Vantage Bank Texas to fund the Jamestown site.
Source (primary)
Earnings Release (IR page (ir.applieddigital.com), earnings_call)
View cached copy (2026-09-29)Live source ↗Archive.org ↗
Quote: “On March 11, 2022, Applied Blockchain entered into a term loan agreement with Vantage Bank Texas for a $7.5 million, five-year loan at 5% interest.”
How we checked this
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Additional evidence
confirms Earnings Release
Quote: “On March 11, 2022, Applied Blockchain entered into a term loan agreement with Vantage Bank Texas for a $7.5 million, five-year loan at 5% interest.”