In the UCC Financing Statement for Aunt Millies Bakeries, what is the secured party's name?

According to the 2025 Aunt Millies Bakeries FDD, the secured party in the Perfection Bakeries, Inc. Security Agreement is PERFECTION BAKERIES, INC., d/b/a AUNT MILLIE'S. This agreement outlines the security interest granted by the distributor to Aunt Millies Bakeries.

This means that Aunt Millies Bakeries, as the secured party, has a legal claim on specific assets of the distributor to ensure payment or performance of obligations. This security interest covers various assets, providing Aunt Millies Bakeries with recourse in case the distributor defaults on their obligations.

For a prospective Aunt Millies Bakeries distributor, this indicates that they will be required to sign a security agreement granting Aunt Millie's Bakeries a security interest in their assets. Understanding the scope of these secured assets and the conditions under which Aunt Millies Bakeries can exercise its rights as a secured party is crucial. It is recommended that potential distributors carefully review the security agreement with legal counsel to fully understand their obligations and the potential risks involved.