SBA lending record
The Barnes Management Group, LLC
450 BATTLEFIELD BLVD S STE A, Chesapeake, VA 23322 · Full-Service Restaurants. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$115K
Total SBA financing
1
Loan on record
FY2020
On record
16
Jobs supported
● business — business location is the ZIP-area centroid from the public record
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The loan
$115,000 — FY2020
- Gross approval
- $115,000
- SBA guaranteed
- $97,750 (85%)
- Status
- Charged off (failed)
- Rate at approval
- 7.75% v
- Term
- 52 mo (4 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Business purchase
- Approved
- 10/28/2019
- First disbursement
- 10/31/2019
- Days to fund
- 3 days
- Charged off
- 8/5/2025
- Charge-off amount
- $75,906
The lender
Stearns Bank National Association
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 The Barnes Management Group, LLC in Chesapeake, VA (Full-Service Restaurants). 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 $115K
- On record FY2020
- 16 jobs supported
- Industry: Full-Service Restaurants
- Location: Chesapeake, VA
- Lender: Stearns Bank National Association
- Data freshness:
- SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-15.
- Sources:
- Public SBA 7(a) loan records; FDIC institution data (BankFind); DealRoom lender and franchise enrichment.
- Methodology:
- Sources & methodology
Is The Barnes Management Group, LLC 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 The Barnes Management Group, LLC.