Fortenberry Roofing Co.
Fortenberry Roofing Co. is located in Littlefield, TX, and the SBA lists its industry as Roofing Contractors. It was approved for an SBA 7(a) loan of $868,900 for a change of ownership on July 6, 2026.
SBA 7(a) loan, change of ownership, approved Jul 6, 2026
- Gross approval
- $868,900
- SBA-guaranteed amount
- $651,675 (75% of the approval)
- Lender
- Banesco USA, Miami, FL
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9.5%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- July 6, 2036 (estimated, approval date plus term)
- Estimated monthly payment
- $11,243 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jul 24, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 4
- Business type
- Corporation
- NAICS
- 238160, Roofing Contractors
- Project location
- Lamb County, TX
- SBA district office
- Lubbock District Office
- Congressional district
- TX-19
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 22% of acquisition loans in Roofing Contractors on this site.
- Average acquisition loan in Roofing Contractors: $1,899,751.
- Average acquisition loan in Texas: $1,944,682.
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.
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