SBA 7(a)PURCH(NOT C/O)

Chesapeake Bay Steel

Norfolk, VANewtek Bank, National AssociationFabricated Structural Metal Manufacturing · NAICS 332312

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APPROVAL AMOUNT

$1,600,000

PROGRAM

SBA 7(a)

10 years term

APPROVED

2024-08-13

11.5% rate

JOBS SUPPORTED

Borrower-reported

Loan details & location

LOCATION

Norfolk, VA 23504

INDUSTRY

Fabricated Structural Metal Manufacturing · NAICS 332312

BUSINESS STRUCTURE

Corporation

LOAN TERM

10 years

INITIAL INTEREST RATE

11.5%

LOAN STATUS

PURCH(NOT C/O)

Norfolk, VA 23504

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