Beckley Business LLC
Beckley Business LLC, located in Dallas, Texas, operates in the gasoline stations with convenience stores industry. The company was financed with an SBA 7(a) loan for a change of ownership totaling $1,049,000, approved on September 27, 2024, through Southwestern National Bank.
SBA 7(a) loan, change of ownership, approved Sep 27, 2024
$1,049,000 approvedLender: Southwestern National Bank25 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $1,049,000
- SBA-guaranteed amount
- $786,750 (75% of the approval)
- Lender
- Southwestern National Bank, Houston, TX
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9.5%, variable
- Term
- 25 years (300 months)
- Estimated maturity
- September 27, 2049 (estimated, approval date plus term)
- Estimated monthly payment
- $9,165 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Dec 1, 2024
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 6
- Business type
- Corporation
- NAICS
- 457110, Gasoline Stations with Convenience Stores
- Project location
- Dallas County, TX
- SBA district office
- Dallas / Ft Worth District Office
- Congressional district
- TX-30
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 24% of acquisition loans in Gasoline Stations with Convenience Stores on this site.
- Average acquisition loan in Gasoline Stations with Convenience Stores: $2,177,273.
- 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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