BlackBuck Limited Management, LLC
BlackBuck Limited Management, LLC is a landscaping services business located in Austin, TX. It was financed with an SBA 7(a) loan for a change of ownership of $915,000, approved on December 12, 2024 by City National Bank of Florida.
SBA 7(a) loan, change of ownership, approved Dec 12, 2024
$915,000 approvedLender: City National Bank of Florida10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $915,000
- SBA-guaranteed amount
- $686,250 (75% of the approval)
- Lender
- City National Bank of Florida, Coral Gables, FL
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 10.5%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- December 12, 2034 (estimated, approval date plus term)
- Estimated monthly payment
- $12,347 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Dec 30, 2024
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 2
- Business type
- Corporation
- NAICS
- 561730, Landscaping Services
- Project location
- Travis County, TX
- SBA district office
- San Antonio District Office
- Congressional district
- TX-21
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 34% 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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