Main Street Registry

Norcal Construction & Restoration, Inc.

Redding, CA · Residential Remodelers · NAICS 236118

Norcal Construction & Restoration, Inc. is a residential remodeler in Redding, CA, in the Residential Remodelers industry (NAICS 236118). The business was financed with an SBA 7(a) loan for a change of ownership, in the amount of $1,873,000, through lender VelocitySBA, LLC, with approval dated August 26, 2026.

SBA 7(a) loan, change of ownership, approved Aug 26, 2026

$1,873,000 approvedLender: VelocitySBA, LLC10 years termCommitted, not fully disbursedLoan details
Gross approval
$1,873,000
SBA-guaranteed amount
$1,404,750 (75% of the approval)
Lender
VelocitySBA, LLC, Irving, TX
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
9.5%, variable
Term
10 years (120 months)
Estimated maturity
August 26, 2036 (estimated, approval date plus term)
Estimated monthly payment
$24,236 Estimated payment at the initial rate over the full term; actual terms vary.
Loan status
Committed, not fully disbursed
Jobs supported
6
Business type
Corporation
NAICS
236118, Residential Remodelers
Project location
Shasta County, CA
SBA district office
Sacramento District Office
Congressional district
CA-01
Collateral
Yes
Guaranteed portion sold on secondary market
Not reported as sold
Revolving line of credit
No (term loan)
  • Larger than 69% of acquisition loans in Residential Remodelers on this site.
  • Average acquisition loan in Residential Remodelers: $1,623,835.
  • Average acquisition loan in California: $1,688,228.

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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Same industry in California