SBA lending record
Jason Rakes
211 Kids Valley Ln, Woolwine, VA 24185 · General Freight Trucking, Local. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$70K
Total SBA financing
1
Loan on record
FY2020
On record
1
Jobs supported
● business — business location is the ZIP-area centroid from the public record
Is Jason Rakes your business?
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The loan
$70,000 — FY2020
- Gross approval
- $70,000
- SBA guaranteed
- $59,500 (85%)
- Status
- Paid in full
- Rate at approval
- 6% f
- Term
- 84 mo (7 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 5/19/2020
- First disbursement
- 6/30/2020
- Days to fund
- 42 days
- Paid in full
- 3/31/2021
- Collateral
- Required
- Jobs supported
- 1
- Business type
- Individual
- Business age
- Existing or more than 2 years old
- Industry
- General Freight Trucking, Local
- NAICS code
- 484110
- Lender
- First Community Bank
- Address
- 211 Kids Valley Ln
- City
- Woolwine, 24185
- County
- Patrick
- SBA district office
- RICHMOND DISTRICT OFFICE
- Congressional district
- 9
The lender
Find SBA lenders for businesses like this
The banks most active funding general freight trucking, local — by location, industry.
Similar businesses
Comparable general freight trucking, local in the public SBA 7(a) record — matched on industry, then location and deal size. Public records, not for-sale listings.
CLARK TRANSPORTATION
Critz, VA· ~13 mi
General Freight Trucking, Local
- $77K
- SBA financing
- ≈ $150K–$250K
- Est. revenue (rough)
StraightGate Hauling & Grading LLC
Mount Airy, NC· ~24 mi
General Freight Trucking, Local
- $63K
- SBA financing
- ≈ $124K–$206K
- Est. revenue (rough)
Lineberry Transport, LLC
Galax, VA· ~40 mi
General Freight Trucking, Local
- $77K
- SBA financing
- ≈ $150K–$251K
- Est. revenue (rough)
Marshall-US Transportation LLC
Ararat, NC· ~30 mi
General Freight Trucking, Local
- $38K
- SBA financing
- ≈ $74K–$124K
- Est. revenue (rough)
HAIRSTON LOGISTICS LLC
Winston Salem, NC· ~49 mi
General Freight Trucking, Local
- $60K
- SBA financing
- ≈ $118K–$196K
- Est. revenue (rough)
Bootlegger Trucking LLC
Blue Ridge, VA· ~53 mi
General Freight Trucking, Local
- $83K
- SBA financing
- ≈ $164K–$273K
- Est. revenue (rough)
Agent summary
This page summarizes the public SBA 7(a) lending record for Jason Rakes in Woolwine, VA (General Freight Trucking, Local). 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.
- 1 SBA 7(a) loan totaling $70K
- On record FY2020
- 1 jobs supported
- Industry: General Freight Trucking, Local
- Location: Woolwine, VA
- Lender: First Community Bank
Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with General Freight Trucking, Local businesses in VA for ~$70k deals, then pre-qualify for 7(a) financing before making an offer. CapBench can arrange a lender introduction — free for buyers.
- Data freshness:
- SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-18.
- Sources:
- Public SBA 7(a) loan records; FDIC institution data (BankFind); CapBench lender and franchise enrichment.
- 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.
Is Jason Rakes your business?
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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 Jason Rakes.