GT1 Strategies, LLC
GT1 Strategies, LLC, located in Willow Park, Texas, operates in the breweries industry (NAICS 312120). The company financed real estate or equipment through an SBA 504 loan with an SBA portion of $1.792 million, with PlainsCapital Bank as the lender and LiftFund, Inc. as the certified development company, and the loan was approved on July 10, 2024.
SBA 504 loan, approved Jul 10, 2024
$1,792,000 SBA portionCDC: LiftFund, Inc.25 years termApproved, not yet fundedLoan details
- SBA (CDC) portion
- $1,792,000
- Bank portion
- $2,187,927
- Estimated project size
- $4,422,141 (estimated)
- Estimated owner equity
- $442,214 (estimated, about 10% of the project)
- Bank lender
- PlainsCapital Bank, Dallas, TX
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- July 10, 2049 (estimated, approval date plus term)
- Loan status
- Approved, not yet funded
- Jobs supported
- 13
- Business type
- Corporation
- NAICS
- 312120, Breweries
- Project location
- Parker County, TX
- SBA district office
- Dallas / Ft Worth District Office
- Congressional district
- TX-12
- Collateral
- Yes
Estimated share of project by source
Bank 49% SBA (CDC) 41% Owner 10%
- Larger than 43% of expansion loans in Breweries on this site.
- Average expansion loan in Breweries: $2,159,286.
- 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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