The Blue Orange Strategic Solutions
The Blue Orange Strategic Solutions, located in Richardson, TX, operates in the software publishers industry (NAICS 513210). The business was financed with an SBA 7(a) loan for a change of ownership of $985,000, approved on May 21, 2025, through First Merchants Bank.
SBA 7(a) loan, change of ownership, approved May 21, 2025
$985,000 approvedLender: First Merchants Bank10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $985,000
- SBA-guaranteed amount
- $738,750 (75% of the approval)
- Lender
- First Merchants Bank, Indianapolis, IN
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 10.25%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- May 21, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $13,154 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jun 12, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 21
- Business type
- Corporation
- NAICS
- 513210, Software Publishers
- Project location
- Collin County, TX
- SBA district office
- Dallas / Ft Worth District Office
- Congressional district
- TX-03
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 36% of acquisition loans in Software Publishers on this site.
- Average acquisition loan in Software Publishers: $1,807,727.
- 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
- Teton Data Systems, LLC, North Richland Hills