Anchor Legal Group, PLLC
Anchor Legal Group, PLLC is a business in Virginia Beach, Virginia, in the offices of lawyers industry (NAICS 541110). The company financed real estate or equipment through an SBA 504 loan with a SBA portion of $1,374,000, approved on April 25, 2025, through the lender Blue Ridge Bank and the certified development company 504 Capital Corporation.
SBA 504 loan, approved Apr 25, 2025
$1,374,000 SBA portionCDC: 504 Capital Corporation25 years termStatus not reported (SBA exemption)Loan details
- SBA (CDC) portion
- $1,374,000
- Bank portion
- $1,652,900
- Estimated project size
- $3,363,222 (estimated)
- Estimated owner equity
- $336,322 (estimated, about 10% of the project)
- Bank lender
- Blue Ridge Bank, Walhalla, SC
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- April 25, 2050 (estimated, approval date plus term)
- First disbursement
- Jun 17, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 2
- Business type
- Corporation
- NAICS
- 541110, Offices of Lawyers
- Project location
- Virginia Beach City County, VA
- SBA district office
- Richmond District Office
- Congressional district
- VA-2
- Collateral
- Yes
Estimated share of project by source
Bank 49% SBA (CDC) 41% Owner 10%
- Larger than 34% of expansion loans in Offices of Lawyers on this site.
- Average expansion loan in Offices of Lawyers: $1,858,425.
- Average expansion loan in Virginia: $1,938,955.
Loan amounts are the SBA approval, not a purchase price. Figures labeled estimated are derived on this site and are not published by the SBA.
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