Cook Siding & Window Company, Inc.
Cook Siding & Window Company, Inc. is located in Salem, VA, and the SBA lists its industry as Siding Contractors. It was approved for an SBA 7(a) loan of $3,932,000 for a change of ownership on May 20, 2025. This registry lists 2 loans for the company.
SBA 7(a) loan, change of ownership, approved May 20, 2025
- Gross approval
- $3,932,000
- SBA-guaranteed amount
- $2,949,000 (75% of the approval)
- Lender
- Manufacturers and Traders Trust Company, Buffalo, NY
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 8.75%, fixed
- Term
- 10 years (120 months)
- Estimated maturity
- May 20, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $49,278 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jul 11, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 35
- Business type
- Corporation
- NAICS
- 238170, Siding Contractors
- Project location
- Salem County, VA
- SBA district office
- Richmond District Office
- Congressional district
- VA-06
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Average acquisition loan in Siding Contractors: $1,236,989.
- Average acquisition loan in Virginia: $1,860,760.
Loan amounts are the SBA approval, not a purchase price. Figures labeled estimated are derived on this site and are not published by the SBA.
SBA 7(a) loan, change of ownership, approved May 20, 2025
- Gross approval
- $900,000
- SBA-guaranteed amount
- $675,000 (75% of the approval)
- Lender
- Manufacturers and Traders Trust Company, Buffalo, NY
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 8.75%, fixed
- Term
- 25 years (300 months)
- Estimated maturity
- May 20, 2050 (estimated, approval date plus term)
- Estimated monthly payment
- $7,399 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jun 23, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 35
- Business type
- Corporation
- NAICS
- 238170, Siding Contractors
- Project location
- Salem County, VA
- SBA district office
- Richmond District Office
- Congressional district
- VA-06
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Average acquisition loan in Siding Contractors: $1,236,989.
- Average acquisition loan in Virginia: $1,860,760.
Loan amounts are the SBA approval, not a purchase price. Figures labeled estimated are derived on this site and are not published by the SBA.
Is this your company? Claim or correct this listing. See Corrections.