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Gas Cylinder Services LLC

Dallas, TX · Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance · NAICS 811310

Gas Cylinder Services LLC is a business in Dallas, Texas, in the commercial and industrial machinery and equipment repair and maintenance industry (NAICS 811310), excluding automotive and electronic equipment. It was financed with an SBA 7(a) loan for a change of ownership totaling $3,465,000, with approval by First United Bank and Trust Company dated January 29, 2025.

SBA 7(a) loan, change of ownership, approved Jan 29, 2025

$3,465,000 approvedLender: First United Bank and Trust Company25 years termStatus not reported (SBA exemption)Loan details
Gross approval
$3,465,000
SBA-guaranteed amount
$2,598,750 (75% of the approval)
Lender
First United Bank and Trust Company, Durant, OK
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
9%, variable
Term
25 years (300 months)
Estimated maturity
January 29, 2050 (estimated, approval date plus term)
Estimated monthly payment
$29,078 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Feb 25, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
18
Business type
Corporation
NAICS
811310, Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance
Project location
Dallas County, TX
SBA district office
Dallas / Ft Worth District Office
Congressional district
TX-05
Collateral
Yes
Guaranteed portion sold on secondary market
Not reported as sold
Revolving line of credit
No (term loan)
  • Larger than 97% of acquisition loans in Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance on this site.
  • Average acquisition loan in Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance: $1,576,060.
  • 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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