jain.com

Term loan from Vantage Bank Texas

Company: Applied Digital - Project: Jamestown

Subject kind
financing
Statement date
2026-09-01
Promised amount
7.5 USD
Current status
stated

The claim, verbatim

$7.5 million five-year term loan at 5% interest to fund Jamestown site

Source (primary)

Earnings Release (IR page (ir.applieddigital.com), earnings_call)
View cached copy (2026-09-01)Live source ↗Archive.org ↗

Quote: “On March 11, 2022 entered into a term loan agreement with Vantage Bank Texas for a $7.5 million, five-year loan at 5% interest to fund its Jamestown site”

How we checked this

This claim has not yet been checked assertion-by-assertion against its source. It carries a cited source and quote, but the deeper check has not run. When it does, the result appears here whatever it says.

Additional evidence

confirms Earnings Release

Quote: “On March 11, 2022 entered into a term loan agreement with Vantage Bank Texas for a $7.5 million, five-year loan at 5% interest to fund its Jamestown site”

View cached copy (2026-09-01)Live source ↗Archive.org ↗