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Billups Industrial Group LLC

Grapevine, TX · General Freight Trucking, Local · NAICS 484110

Billups Industrial Group LLC is a general freight trucking, local business in Grapevine, TX, classified under NAICS code 484110. The company was financed with an SBA 7(a) loan for a change of ownership of $1,040,000, approved on September 17, 2025, through Hancock Whitney Bank.

SBA 7(a) loan, change of ownership, approved Sep 17, 2025

$1,040,000 approvedLender: Hancock Whitney Bank10 years termStatus not reported (SBA exemption)Loan details
Gross approval
$1,040,000
SBA-guaranteed amount
$780,000 (75% of the approval)
Lender
Hancock Whitney Bank, Gulfport, MS
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
9.75%, variable
Term
10 years (120 months)
Estimated maturity
September 17, 2035 (estimated, approval date plus term)
Estimated monthly payment
$13,600 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Sep 26, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
2
Business type
Corporation
NAICS
484110, General Freight Trucking, Local
Project location
Tarrant County, TX
SBA district office
Dallas / Ft Worth District Office
Congressional district
TX-24
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 32% of acquisition loans in General Freight Trucking, Local on this site.
  • Average acquisition loan in General Freight Trucking, Local: $1,691,140.
  • 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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Same industry in Texas