Maurer Sons Holdings, San Antonio, LLC
Maurer Sons Holdings, LLC is a building material dealer in San Antonio, Texas, in the Other Building Material Dealers industry. The company was financed with an SBA 7(a) loan for a change of ownership totaling $1,536,000, approved by Frost Bank on October 29, 2024. The loan is reported with 26 jobs.
SBA 7(a) loan, change of ownership, approved Oct 29, 2024
$1,536,000 approvedLender: Frost Bank25 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $1,536,000
- SBA-guaranteed amount
- $1,152,000 (75% of the approval)
- Lender
- Frost Bank, San Antonio, TX
- Processing method
- Standard 7(a): the lender submits the application for SBA review
- Initial interest rate
- 7.49%, fixed
- Term
- 25 years (300 months)
- Estimated maturity
- October 29, 2049 (estimated, approval date plus term)
- Estimated monthly payment
- $11,341 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Feb 20, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 26
- Business type
- Corporation
- NAICS
- 444180, Other Building Material Dealers
- Project location
- Bexar County, TX
- SBA district office
- San Antonio District Office
- Congressional district
- TX-23
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 52% of acquisition loans in Other Building Material Dealers on this site.
- Average acquisition loan in Other Building Material Dealers: $1,898,107.
- 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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