SBA lending record

Bowditch Ford INC

11291 Jefferson Ave, Newport News, VA 23601 · New Car Dealers. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$400K

Total SBA financing

Loans on record

FY2024–25

On record

160

Jobs supported

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

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All 2 loans

$150,000 — FY2025

Loan 1 of 2

Gross approval: $150,000
SBA guaranteed: $127,500 (85%)
Status: Cancelled
Rate at approval: 10.5% v
Term: 120 mo (10 yr)
Program: Preferred Lenders Program
Subprogram: Guaranty
Loan type: Term loan
Purpose: Other / working capital
Approved: 1/2/2025
Collateral: Required
Jobs supported: 80
Business type: Corporation
Business age: Existing or more than 2 years old
Industry: New Car Dealers
NAICS code: 441110
Lender: Northeast Bank
Address: 11291 Jefferson Ave
City: Newport News, 23601
County: Newport News City
SBA district office: RICHMOND DISTRICT OFFICE
Congressional district: 1

$250,000 — FY2024

Loan 2 of 2

Gross approval: $250,000
SBA guaranteed: $212,500 (85%)
Status: Cancelled
Rate at approval: 11.25% v
Term: 120 mo (10 yr)
Program: Preferred Lenders Program
Subprogram: Guaranty
Loan type: Term loan
Purpose: Other / working capital
Approved: 9/30/2024
Collateral: Required
Jobs supported: 80
Business type: Corporation
Business age: Existing or more than 2 years old
Industry: New Car Dealers
NAICS code: 441110
Lender: Northeast Bank
Address: 11291 Jefferson Ave
City: Newport News, 23601
County: Newport News City
SBA district office: RICHMOND DISTRICT OFFICE
Congressional district: 1

The lender

Northeast Bank

2 loans to this businessFull SBA lending record + branches on the lender page →

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The banks most active funding new car dealers — by location, industry.

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Agent summary

This page summarizes the public SBA 7(a) lending record for Bowditch Ford INC in Newport News, VA (New Car Dealers). CapBench 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.

2 SBA 7(a) loans totaling $400K
On record FY2024–25
160 jobs supported
Industry: New Car Dealers
Location: Newport News, VA
Lender: Northeast Bank

Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with New Car Dealers businesses in VA for ~$200k deals, then pre-qualify for 7(a) financing before making an offer. CapBench can arrange a lender introduction — free for buyers.

Next steps

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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); CapBench lender and franchise enrichment.
Canonical:: https://www.capbench.com/businesses/bowditch-ford-inc-va
API:: https://www.capbench.com/api/public/businesses/bowditch-ford-inc-va
Methodology:: Sources & methodology

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

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CapBench listing built from public SBA 7(a) lending records. Figures are as reported; verify before relying on them. Not affiliated with Bowditch Ford INC.