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Covenant Developers, Inc — SBA Loan Record (Red Oak, TX) | DealRoom

Intelligence/Commercial and Institutional Building Construction/TX

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SBA lending record

Covenant Developers, Inc

140 STEEL DUST DR, Red Oak, TX 75154 · Commercial and Institutional Building Construction. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$230K

Total SBA financing

1

Loan on record

FY2023

On record

1

Jobs supported

● business — business location is the ZIP-area centroid from the public record

Is Covenant Developers, Inc your business?

This record comes from public government lending data. Claim it to correct the details or tell your story — or ask us to take it down.

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The loan

$230,000 — FY2023

Gross approval: $230,000
SBA guaranteed: $172,500 (75%)
Status: Current
Rate at approval: 10.25% v
Term: 120 mo (10 yr)
Program: Preferred Lenders Program
Subprogram: Guaranty
Loan type: Term loan
Purpose: Other / working capital
Approved: 1/13/2023
First disbursement: 1/23/2023
Days to fund: 10 days
Collateral: Required
Jobs supported: 1
Business type: Corporation
Business age: Existing or more than 2 years old
Industry: Commercial and Institutional Building Construction
NAICS code: 236220
Lender: The Huntington National Bank
Address: 140 STEEL DUST DR
City: Red Oak, 75154
County: Ellis
SBA district office: DALLAS / FT WORTH DISTRICT OFFICE
Congressional district: 6

The lender

The Huntington National Bank

1 loan to this businessFull SBA lending record + branches on the lender page →

Find SBA lenders for businesses like this

The banks most active funding commercial and institutional building construction — by location, industry.

SBA lenders in Texas Lenders for commercial and institutional building construction Commercial and Institutional Building Construction lenders in Texas

Similar businesses

Comparable commercial and institutional building construction in the public SBA 7(a) record — matched on industry, then location and deal size. Public records, not for-sale listings.

Rapid Building Systems, Inc.

Red Oak, TX· ~9 mi

Commercial and Institutional Building Construction

$350K
SBA financing: ≈ $686K–$1.1M
Est. revenue (rough)

ICM CONSTRUCTION SERVICES LLC

Arlington, TX· ~22 mi

Commercial and Institutional Building Construction

$250K
SBA financing: ≈ $490K–$817K
Est. revenue (rough)

RC HOPE GROUP, LLC

Dallas, TX· ~16 mi

Commercial and Institutional Building Construction

$150K
SBA financing: ≈ $294K–$490K
Est. revenue (rough)

GC Legacy Construction LLC

Dallas, TX· ~26 mi

Commercial and Institutional Building Construction

$250K
SBA financing: ≈ $490K–$817K
Est. revenue (rough)

AMIGO SERVICES INC.

Dallas, TX· ~17 mi

Commercial and Institutional Building Construction

$150K
SBA financing: ≈ $294K–$490K
Est. revenue (rough)

TRIEL INCORPORATED

Venus, TX· ~22 mi

Commercial and Institutional Building Construction

$146K
SBA financing: ≈ $287K–$478K
Est. revenue (rough)

Agent summary

This page summarizes the public SBA 7(a) lending record for Covenant Developers, Inc in Red Oak, TX (Commercial and Institutional Building Construction). DealRoom compiles public SBA loan data, lender activity, and business signals to help buyers and advisors evaluate acquisition financing — it does not list this business for sale.

1 SBA 7(a) loan totaling $230K
On record FY2023
1 jobs supported
Industry: Commercial and Institutional Building Construction
Location: Red Oak, TX
Lender: The Huntington National Bank

Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Commercial and Institutional Building Construction businesses in TX for ~$230k deals, then pre-qualify for 7(a) financing before making an offer. DealRoom can arrange a lender introduction — free for buyers.

Next steps

Pre-qualify this deal→Talk to a loan broker→Find SBA lenders→Compare similar deals→

Data freshness:: SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-17.
Sources:: Public SBA 7(a) loan records; FDIC institution data (BankFind); DealRoom lender and franchise enrichment.
Canonical:: https://dealroom.so/businesses/covenant-developers-inc-tx
API:: https://dealroom.so/api/public/businesses/covenant-developers-inc-tx
Methodology:: Sources & methodology

Informational only — DealRoom does not confirm this entity is for sale, eligible for SBA financing, or approved by any lender.
Figures come from public records and DealRoom methodology; verify before relying on them.
Financing figures are historical loan records, not a current offer or a loan approval. DealRoom is not a lender.

Is Covenant Developers, Inc your business?

This page was built from public lending data. Claim it free to correct the details, tell your story, and control how your business shows up — or ask us to take it down.

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DealRoom listing built from public SBA 7(a) lending records. Figures are as reported; verify before relying on them. Not affiliated with Covenant Developers, Inc.