Bass Acquisition Group LLC
Bass Acquisition Group LLC is a landscaping services business in Amarillo, Texas, in the NAICS 561730 category. It was financed with an SBA 7(a) loan for a change of ownership, with a loan amount of $580,000, approved on August 4, 2026, through Grasshopper Bank National Association. The company is listed as a franchise of The Grounds Guys and reports 12 jobs.
SBA 7(a) loan, change of ownership, approved Aug 4, 2026
- Gross approval
- $580,000
- SBA-guaranteed amount
- $435,000 (75% of the approval)
- Lender
- Grasshopper Bank National Association, New York, NY
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9.5%, variable
- Term
- 10 years, 1 month (121 months)
- Estimated maturity
- September 4, 2036 (estimated, approval date plus term)
- Estimated monthly payment
- $7,468 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Sep 4, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 12
- Business type
- Corporation
- NAICS
- 561730, Landscaping Services
- Franchise
- The Grounds Guys
- Project location
- Randall County, TX
- SBA district office
- Lubbock District Office
- Congressional district
- TX-13
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 6% of acquisition loans in Landscaping Services on this site.
- Average acquisition loan in Landscaping Services: $1,520,772.
- 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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