Hayes & Stolz Legacy, LP
Hayes & Stolz Legacy, LP, located in Burleson, Texas, operates in All Other Industrial Machinery Manufacturing (NAICS 333248). It was financed with an SBA 7(a) loan for a change of ownership of $5 million, approved on October 16, 2024, through T Bank, National Association.
SBA 7(a) loan, change of ownership, approved Oct 16, 2024
$5,000,000 approvedLender: T Bank, National Association10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $5,000,000
- SBA-guaranteed amount
- $3,750,000 (75% of the approval)
- Lender
- T Bank, National Association, Dallas, TX
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 10.25%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- October 16, 2034 (estimated, approval date plus term)
- Estimated monthly payment
- $66,770 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Oct 30, 2024
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 102
- Business type
- LLC or partnership
- NAICS
- 333248, All Other Industrial Machinery Manufacturing
- Project location
- Johnson County, TX
- SBA district office
- Dallas / Ft Worth District Office
- Congressional district
- TX-06
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 93% of acquisition loans in All Other Industrial Machinery Manufacturing on this site.
- Average acquisition loan in All Other Industrial Machinery Manufacturing: $2,756,900.
- 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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