Williams Contracting Group, LLC
Williams Contracting Group, LLC is located in Memphis, TN, and the SBA lists its industry as Plumbing, Heating, and Air-Conditioning Contractors. It was approved for an SBA 7(a) loan of $836,000 for a change of ownership on July 24, 2026.
SBA 7(a) loan, change of ownership, approved Jul 24, 2026
- Gross approval
- $836,000
- SBA-guaranteed amount
- $627,000 (75% of the approval)
- Lender
- VelocitySBA, LLC, Irving, TX
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- July 24, 2036 (estimated, approval date plus term)
- Estimated monthly payment
- $10,590 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Aug 10, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 5
- Business type
- Corporation
- NAICS
- 238220, Plumbing, Heating, and Air-Conditioning Contractors
- Project location
- Shelby County, TN
- SBA district office
- Tennessee District Office
- Congressional district
- TN-09
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 21% of acquisition loans in Plumbing, Heating, and Air-Conditioning Contractors on this site.
- Average acquisition loan in Plumbing, Heating, and Air-Conditioning Contractors: $1,758,508.
- Average acquisition loan in Tennessee: $1,738,925.
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 Tennessee
- SWB Company, LLC, Chattanooga