SSP Workman Road, LLC
SSP Workman Road, LLC is located in Chattanooga, TN, and the SBA lists its industry as Structural Steel and Precast Concrete Contractors. It was approved for an SBA 504 loan ($2,059,000 SBA portion) on May 29, 2026 to finance real estate or equipment.
SBA 504 loan, approved May 29, 2026
- SBA (CDC) portion
- $2,059,000
- Bank portion
- $2,500,000
- Estimated project size
- $5,065,556 (estimated)
- Estimated owner equity
- $506,556 (estimated, about 10% of the project)
- Bank lender
- Velocity Commercial Capital, LLC dba New Day Commercial Capital, Westlake Village, CA
- Processing method
- 504 Refinancing: refinances existing business debt
- Term
- 25 years (300 months)
- Estimated maturity
- May 29, 2051 (estimated, approval date plus term)
- Loan status
- Approved, not yet funded
- Jobs supported
- 25
- Business type
- Corporation
- NAICS
- 238120, Structural Steel and Precast Concrete Contractors
- Project location
- Hamilton County, TN
- SBA district office
- Tennessee District Office
- Congressional district
- TN-3
- Collateral
- Yes
Estimated share of project by source
Bank 49% SBA (CDC) 41% Owner 10%
- Average expansion loan in Structural Steel and Precast Concrete Contractors: $2,672,667.
- Average expansion loan in Tennessee: $2,402,643.
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.
Is this your company? Claim or correct this listing. See Corrections.
Same industry in Tennessee
- SSP Cedar, LLC, South Pittsburg