Fast Glass Service LLC
Fast Glass Service LLC is a glass and glazing contractor located in Austin, Texas. The company was financed with an SBA 7(a) loan for a change of ownership, totaling $1.6 million, approved on April 25, 2025 by Truliant FCU.
SBA 7(a) loan, change of ownership, approved Apr 25, 2025
$1,600,000 approvedLender: Truliant FCU10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $1,600,000
- SBA-guaranteed amount
- $1,200,000 (75% of the approval)
- Lender
- Truliant FCU, Winston-Salem, NC
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 10%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- April 25, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $21,144 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- May 2, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 10
- Business type
- Corporation
- NAICS
- 238150, Glass and Glazing Contractors
- Project location
- Travis County, TX
- SBA district office
- San Antonio District Office
- Congressional district
- TX-10
- Collateral
- No
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 50% of acquisition loans in Glass and Glazing Contractors on this site.
- Average acquisition loan in Glass and Glazing Contractors: $2,029,425.
- 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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