Main Street Registry

Love for Dogs Partners LLC

Houston, TX · Pet Care (except Veterinary) Services · NAICS 812910

Love for Dogs Partners LLC is a pet care services business in Houston, Texas, in the industry of pet care (except veterinary) services. The company was financed with an SBA 7(a) loan for a change of ownership totaling $1,045,000, approved on January 3, 2024, through Live Oak Banking Company.

SBA 7(a) loan, change of ownership, approved Jan 3, 2024

$1,045,000 approvedLender: Live Oak Banking Company10 years termStatus not reported (SBA exemption)Loan details
Gross approval
$1,045,000
SBA-guaranteed amount
$783,750 (75% of the approval)
Lender
Live Oak Banking Company, Wilmington, NC
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
10.5%, variable
Term
10 years (120 months)
Estimated maturity
January 3, 2034 (estimated, approval date plus term)
Estimated monthly payment
$14,101 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Jan 18, 2024
Loan status
Status not reported (SBA exemption)
Jobs supported
26
Business type
Corporation
NAICS
812910, Pet Care (except Veterinary) Services
Project location
Harris County, TX
SBA district office
Houston District Office
Congressional district
TX-18
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 55% of acquisition loans in Pet Care (except Veterinary) Services on this site.
  • Average acquisition loan in Pet Care (except Veterinary) Services: $1,325,264.
  • 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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Same industry in Texas