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Mauana Enterprises LLC

New Braunfels, TX · Drinking Places (Alcoholic Beverages) · NAICS 722410

Mauana Enterprises LLC, located in New Braunfels, Texas, operates in the drinking places (alcoholic beverages) industry. The company was financed with an SBA 7(a) loan for a change of ownership of $1,629,000, approved on December 9, 2023, by The Huntington National Bank.

SBA 7(a) loan, change of ownership, approved Dec 9, 2023

$1,629,000 approvedLender: The Huntington National Bank10 years termStatus not reported (SBA exemption)Loan details
Gross approval
$1,629,000
SBA-guaranteed amount
$1,221,750 (75% of the approval)
Lender
The Huntington National Bank, Columbus, OH
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
11%, variable
Term
10 years (120 months)
Estimated maturity
December 9, 2033 (estimated, approval date plus term)
Estimated monthly payment
$22,439 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Dec 14, 2023
Loan status
Status not reported (SBA exemption)
Jobs supported
16
Business type
Corporation
NAICS
722410, Drinking Places (Alcoholic Beverages)
Project location
Comal County, TX
SBA district office
San Antonio District Office
Congressional district
TX-15
Collateral
Yes
Guaranteed portion sold on secondary market
Not reported as sold
Revolving line of credit
No (term loan)
  • Larger than 84% of acquisition loans in Drinking Places (Alcoholic Beverages) on this site.
  • Average acquisition loan in Drinking Places (Alcoholic Beverages): $1,078,366.
  • 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