SBA lending record
Monarch Express, Incorporated
1326 CAVALIER BLVD, Chesapeake, VA 23323 · General Freight Trucking, Long-Distance, Truckload. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$4.2M
Total SBA financing
1
Loan on record
FY2024
On record
71
Jobs supported
● business — business location is the ZIP-area centroid from the public record
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The loan
$4,233,000 — FY2024
- Gross approval
- $4,233,000
- SBA guaranteed
- $3,174,750 (75%)
- Status
- Current
- Rate at approval
- 11.25% v
- Term
- 120 mo (10 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Business purchase
- Approved
- 9/24/2024
- First disbursement
- 10/28/2024
- Days to fund
- 34 days
- Collateral
- Required
- Sold on secondary market
- Yes
The lender
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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 Monarch Express, Incorporated.