Riverton Contractors, Inc.
Riverton Contractors, Inc. is located in Orting, WA, and the SBA lists its industry as Site Preparation Contractors. It was approved for an SBA 7(a) loan of $1,575,000 for a change of ownership on December 19, 2025.
SBA 7(a) loan, change of ownership, approved Dec 19, 2025
- Gross approval
- $1,575,000
- SBA-guaranteed amount
- $1,181,250 (75% of the approval)
- Lender
- Gesa CU, Richland, WA
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9.25%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- December 19, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $20,165 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Dec 30, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 11
- Business type
- Corporation
- NAICS
- 238910, Site Preparation Contractors
- Project location
- Pierce County, WA
- SBA district office
- Seattle District Office
- Congressional district
- WA-08
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 45% of acquisition loans in Site Preparation Contractors on this site.
- Average acquisition loan in Site Preparation Contractors: $1,877,202.
- Average acquisition loan in Washington: $1,784,595.
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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