SC Roofing of VA LLC
SC Roofing of VA LLC is a roofing contractor located in Florence, South Carolina, in the roofing contractors industry (NAICS 238160). The company was financed with an SBA 7(a) loan for a change of ownership of $1.8 million, approved on March 3, 2026, by First Internet Bank of Indiana, and the loan supports 6 jobs.
SBA 7(a) loan, change of ownership, approved Mar 3, 2026
$1,812,000 approvedLender: First Internet Bank of Indiana10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $1,812,000
- SBA-guaranteed amount
- $1,359,000 (75% of the approval)
- Lender
- First Internet Bank of Indiana, Fishers, IN
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9.25%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- March 3, 2036 (estimated, approval date plus term)
- Estimated monthly payment
- $23,200 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Mar 20, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 6
- Business type
- Corporation
- NAICS
- 238160, Roofing Contractors
- Project location
- Florence County, SC
- SBA district office
- South Carolina District Office
- Congressional district
- SC-07
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 65% of acquisition loans in Roofing Contractors on this site.
- Average acquisition loan in Roofing Contractors: $1,899,751.
- Average acquisition loan in South Carolina: $1,827,509.
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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