SBA lending record

PROGRESSIVE ABA, INC.

12727 MCMANUS BLVD G, Newport News, VA 23602 · Educational Support Services. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$150K

Total SBA financing

Loan on record

FY2024

On record

Jobs supported

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

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The loan

$150,000 — FY2024

Gross approval: $150,000
SBA guaranteed: $127,500 (85%)
Status: Current
Rate at approval: 13.25% v
Term: 120 mo (10 yr)
Program: Preferred Lenders Program
Subprogram: Guaranty
Loan type: Term loan
Purpose: Other / working capital
Approved: 4/19/2024
First disbursement: 4/24/2024
Days to fund: 5 days
Collateral: Required
Sold on secondary market: Yes

The lender

BayFirst National Bank

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

Agent summary

This page summarizes the public SBA 7(a) lending record for PROGRESSIVE ABA, INC. in Newport News, VA (Educational Support Services). 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 $150K
On record FY2024
12 jobs supported
Industry: Educational Support Services
Location: Newport News, VA
Lender: BayFirst National Bank

Next steps

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