Main Street Registry

Servpro of New Bern

Washington, NC · Residential Remodelers · NAICS 236118

Servpro of New Bern, located in Washington, North Carolina, is listed in the residential remodelers industry (NAICS 236118). The company was financed with an SBA 7(a) loan for a change of ownership totaling $868,500, approved by First Bank on September 29, 2025. The business is identified as a Servpro franchise and reports 22 jobs.

SBA 7(a) loan, change of ownership, approved Sep 29, 2025

$868,500 approvedLender: First Bank10 years termStatus not reported (SBA exemption)Loan details
Gross approval
$868,500
SBA-guaranteed amount
$651,375 (75% of the approval)
Lender
First Bank, Southern Pines, NC
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
10%, variable
Term
10 years (120 months)
Estimated maturity
September 29, 2035 (estimated, approval date plus term)
Estimated monthly payment
$11,477 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Nov 12, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
22
Business type
Corporation
NAICS
236118, Residential Remodelers
Franchise
Servpro
Project location
Beaufort County, NC
SBA district office
North Carolina District Office
Congressional district
NC-01
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 31% of acquisition loans in Residential Remodelers on this site.
  • Average acquisition loan in Residential Remodelers: $1,623,835.
  • Average acquisition loan in North Carolina: $1,952,444.

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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Same industry in North Carolina