Gleannloch Pines Golf Club
Gleannloch Pines Golf Club, located in Spring, Texas, operates in the golf courses and country clubs industry. The business financed real estate or equipment through an SBA 504 loan of $4,584,000 approved on May 13, 2025, with City Bank as the lender and Greater East Texas Certified Development Company as the certified development company.
SBA 504 loan, approved May 13, 2025
$4,584,000 SBA portionCDC: Greater East Texas Certified Development Company25 years termStatus not reported (SBA exemption)Loan details
- SBA (CDC) portion
- $4,584,000
- Bank portion
- $6,405,000
- Estimated project size
- $12,210,000 (estimated)
- Estimated owner equity
- $1,221,000 (estimated, about 10% of the project)
- Bank lender
- City Bank, Lubbock, TX
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- May 13, 2050 (estimated, approval date plus term)
- First disbursement
- Aug 12, 2026
- Loan status
- Status not reported (SBA exemption)
- Business type
- Corporation
- NAICS
- 713910, Golf Courses and Country Clubs
- Project location
- Harris County, TX
- SBA district office
- Houston District Office
- Congressional district
- TX-2
- Collateral
- Yes
Estimated share of project by source
Bank 52% SBA (CDC) 38% Owner 10%
- Larger than 85% of expansion loans in Golf Courses and Country Clubs on this site.
- Average expansion loan in Golf Courses and Country Clubs: $2,299,350.
- Average expansion loan in Texas: $2,316,979.
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
- The Range JRC LLC, College Station
- The Club at Berry Creek, Georgetown