Master Sales and Marketing, Inc.
Master Sales and Marketing, Inc. is located in Denton, Texas, and operates in the wholesale trade agents and brokers industry (NAICS 425120). The company was financed with an SBA 7(a) loan for a change of ownership in the amount of $545,200, approved on April 23, 2024, through T Bank, National Association.
SBA 7(a) loan, change of ownership, approved Apr 23, 2024
$545,200 approvedLender: T Bank, National Association10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $545,200
- SBA-guaranteed amount
- $408,900 (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
- 11%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- April 23, 2034 (estimated, approval date plus term)
- Estimated monthly payment
- $7,510 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- May 1, 2024
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 2
- Business type
- Corporation
- NAICS
- 425120, Wholesale Trade Agents and Brokers
- Project location
- Denton County, TX
- SBA district office
- Dallas / Ft Worth District Office
- Congressional district
- TX-26
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 9% of acquisition loans in Wholesale Trade Agents and Brokers on this site.
- Average acquisition loan in Wholesale Trade Agents and Brokers: $1,322,545.
- 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
- Clear View Inc, Stafford