Mendez Deliveries, Inc.
Mendez Deliveries, Inc. is a business in Lufkin, Texas, in the Couriers and Express Delivery Services industry (NAICS 492110). It was financed with an SBA 7(a) loan for a change of ownership of $1,252,200 from Falcon National Bank, with approval dated September 25, 2025.
SBA 7(a) loan, change of ownership, approved Sep 25, 2025
$1,252,200 approvedLender: Falcon National Bank10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $1,252,200
- SBA-guaranteed amount
- $939,150 (75% of the approval)
- Lender
- Falcon National Bank, Foley, MN
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9.5%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- September 25, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $16,203 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Oct 3, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 20
- Business type
- Corporation
- NAICS
- 492110, Couriers and Express Delivery Services
- Project location
- Angelina County, TX
- SBA district office
- Houston District Office
- Congressional district
- TX-01
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 58% of acquisition loans in Couriers and Express Delivery Services on this site.
- Average acquisition loan in Couriers and Express Delivery Services: $1,263,343.
- 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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