North American Aircraft Service & Accessories LLC
North American Aircraft Service & Accessories LLC is located in San Antonio, Texas, and its SBA-published industry is Other Support Activities for Air Transportation (NAICS 488190). The company was financed with an SBA 7(a) loan for a change of ownership of $1 million, approved February 12, 2025, through Broadway National Bank.
SBA 7(a) loan, change of ownership, approved Feb 12, 2025
$1,000,000 approvedLender: Broadway National Bank10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $1,000,000
- SBA-guaranteed amount
- $750,000 (75% of the approval)
- Lender
- Broadway National Bank, San Antonio, TX
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- February 12, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $12,668 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
- 14
- Business type
- Corporation
- NAICS
- 488190, Other Support Activities for Air Transportation
- Project location
- Bexar County, TX
- SBA district office
- San Antonio District Office
- Congressional district
- TX-20
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Average acquisition loan in Other Support Activities for Air Transportation: $1,135,050.
- 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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