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Sherae A. Thompson — SBA Loan Record (Chesapeake, VA) | DealRoom

Intelligence/Reupholstery and Furniture Repair/VA

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SBA lending record

Sherae A. Thompson

915 Bowden Ave, Chesapeake, VA 23323 · Reupholstery and Furniture Repair. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$5K

Total SBA financing

1

Loan on record

FY2022

On record

2

Jobs supported

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

Is Sherae A. Thompson 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

$5,000 — FY2022

Gross approval: $5,000
SBA guaranteed: $2,500 (50%)
Status: In workout — SBA bought the guarantee
Rate at approval: 12% v
Term: 120 mo (10 yr)
Program: Preferred Lenders Program
Subprogram: Guaranty
Loan type: Term loan
Purpose: Other / working capital
Approved: 8/16/2022
First disbursement: 8/23/2022
Days to fund: 7 days
Collateral: Required
Sold on secondary market: Yes
Jobs supported: 2
Business type: Individual
Business age: New Business or 2 years or less
Industry: Reupholstery and Furniture Repair
NAICS code: 811420
Lender: Newtek Small Business Finance, Inc.
Address: 915 Bowden Ave
City: Chesapeake, 23323
County: Chesapeake City
SBA district office: RICHMOND DISTRICT OFFICE
Congressional district: 3

The lender

Newtek Small Business Finance, Inc.

1 loan to this business

Find SBA lenders for businesses like this

The banks most active funding reupholstery and furniture repair — by location, industry.

SBA lenders in Virginia Lenders for reupholstery and furniture repair Reupholstery and Furniture Repair lenders in Virginia

Similar businesses

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

ANDREW'S CUSTOM CANVAS LLC

Denver, NC· ~278 mi

Reupholstery and Furniture Repair

$10K
SBA financing: ≈ $20K–$33K
Est. revenue (rough)

B Design And All LLC

Fairfax, VA· ~153 mi

Reupholstery and Furniture Repair

$20K
SBA financing: ≈ $39K–$65K
Est. revenue (rough)

1st Choice Upholstery; 1st Choice Upholstery & Fabrics

Mcleansville, NC· ~191 mi

Reupholstery and Furniture Repair

$100K
SBA financing: ≈ $196K–$327K
Est. revenue (rough)

S&M Handmade Custom Goods

Hartsville, TN· ~550 mi

Reupholstery and Furniture Repair

$23K
SBA financing: ≈ $46K–$76K
Est. revenue (rough)

DAN'S UPHOLSTERY

San Carlos, CA· ~2504 mi

Reupholstery and Furniture Repair

$20K
SBA financing: ≈ $39K–$65K
Est. revenue (rough)

Designers Solutions, LLC

Saint Louis, MO· ~781 mi

Reupholstery and Furniture Repair

$25K
SBA financing: ≈ $49K–$82K
Est. revenue (rough)

Agent summary

This page summarizes the public SBA 7(a) lending record for Sherae A. Thompson in Chesapeake, VA (Reupholstery and Furniture Repair). 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 $5K
On record FY2022
2 jobs supported
Industry: Reupholstery and Furniture Repair
Location: Chesapeake, VA
Lender: Newtek Small Business Finance, Inc.

Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Reupholstery and Furniture Repair businesses in VA for ~$5k 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/sherae-a-thompson-va
API:: https://dealroom.so/api/public/businesses/sherae-a-thompson-va
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 Sherae A. Thompson 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 Sherae A. Thompson.