SBA lending record
New A & D, LLC
139 CRAIG ST, Craigsville, VA 24430 · Supermarkets and Other Grocery (except Convenience) Stores. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$1.2M
Total SBA financing
1
Loan on record
FY2021
On record
11
Jobs supported
Franchise brand
IGA USA - License Agreement
See IGA USA - License Agreement's SBA financing data — typical deal, failure rate, and how its loans perform →
● business — business location is the ZIP-area centroid from the public record
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The loan
$1,220,000 — FY2021
- Gross approval
- $1,220,000
- SBA guaranteed
- $915,000 (75%)
- Status
- In workout — SBA bought the guarantee
- Rate at approval
- 5% v
- Term
- 262 mo (22 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Business purchase
- Approved
- 10/8/2020
- First disbursement
- 12/22/2020
- Days to fund
- 75 days
- Collateral
- Required
- Sold on secondary market
- Yes
- Jobs supported
- 11
- Business type
- Corporation
- Business age
- Change of Ownership
- Industry
- Supermarkets and Other Grocery (except Convenience) Stores
- NAICS code
- 445110
- Franchise
- IGA USA - License Agreement
- Franchise code
- S2656
- Lender
- Pinnacle Bank
- Address
- 139 CRAIG ST
- City
- Craigsville, 24430
- County
- Augusta
- SBA district office
- RICHMOND DISTRICT OFFICE
- Congressional district
- 6
The lender
Find SBA lenders for businesses like this
The banks most active funding supermarkets and other grocery (except convenience) stores — by location, industry, and brand.
Other IGA USA - License Agreement locations
Other IGA USA - License Agreement businesses in the public SBA record — closest first, by location and deal size.
HMS Ventures LLC
Richburg, SC· ~249 mi
IGA USA - License Agreement
- $1.5M
- SBA financing
- ≈ $2.9M–$4.8M
- Est. revenue (rough)
Sahajanand One Management LLC
Mullins, SC· ~269 mi
IGA USA - License Agreement
- $1.1M
- SBA financing
- ≈ $2.2M–$3.7M
- Est. revenue (rough)
Monty LLC
Billings, MT· ~1576 mi
IGA USA - License Agreement
- $1.1M
- SBA financing
- ≈ $2.2M–$3.7M
- Est. revenue (rough)
Domec Foods LLC
Lagrange, OH· ~263 mi
IGA USA - License Agreement
- $481K
- SBA financing
- ≈ $943K–$1.6M
- Est. revenue (rough)
GG & GA Enterprises, Inc.
Oberlin, OH· ~268 mi
IGA USA - License Agreement
- $2.9M
- SBA financing
- ≈ $5.6M–$9.3M
- Est. revenue (rough)
James A. Kincaid
Washington, WV· ~146 mi
IGA USA - License Agreement
- $300K
- SBA financing
- ≈ $588K–$980K
- Est. revenue (rough)
Similar businesses
Comparable supermarkets and other grocery (except convenience) stores in the public SBA 7(a) record — matched on industry, then location and deal size. Public records, not for-sale listings.
Evercore Business Group, Inc.
Harrisonburg, VA· ~36 mi
Supermarkets and Other Grocery (except Convenience) Stores
- $1.1M
- SBA financing
- ≈ $2.1M–$3.5M
- Est. revenue (rough)
Reid Super -Save Market #3
Charlottesville, VA· ~47 mi
Supermarkets and Other Grocery (except Convenience) Stores
- $700K
- SBA financing
- ≈ $1.4M–$2.3M
- Est. revenue (rough)
Fredericksburg Food Cooperative
Fredericksburg, VA· ~103 mi
Supermarkets and Other Grocery (except Convenience) Stores
- $1.4M
- SBA financing
- ≈ $2.7M–$4.6M
- Est. revenue (rough)
Bailey Market Inc
Falls Church, VA· ~131 mi
Supermarkets and Other Grocery (except Convenience) Stores
- $1.1M
- SBA financing
- ≈ $2.1M–$3.4M
- Est. revenue (rough)
Stars on West Henderson Inc.
Columbus, OH· ~241 mi
Supermarkets and Other Grocery (except Convenience) Stores
- $1.4M
- SBA financing
- ≈ $2.8M–$4.6M
- Est. revenue (rough)
PKJ Enterprise LLC
Jeffersonville, OH· ~251 mi
Supermarkets and Other Grocery (except Convenience) Stores
- $1.3M
- SBA financing
- ≈ $2.5M–$4.1M
- Est. revenue (rough)
Agent summary
This page summarizes the public SBA 7(a) lending record for New A & D, LLC in Craigsville, VA (Supermarkets and Other Grocery (except Convenience) Stores). 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 $1.2M
- On record FY2021
- 11 jobs supported
- Industry: Supermarkets and Other Grocery (except Convenience) Stores
- Location: Craigsville, VA
- Lender: Pinnacle Bank
Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Supermarkets and Other Grocery (except Convenience) Stores businesses in VA for ~$1.2M 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 2026-06-17.
- 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.
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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 New A & D, LLC.