Pep Houston, LLC
Pep Houston, LLC is located in Pearland, TX, and the SBA lists its industry as Tax Preparation Services. It was approved for an SBA 7(a) loan of $1,026,500 for a change of ownership on May 27, 2025.
SBA 7(a) loan, change of ownership, approved May 27, 2025
- Gross approval
- $1,026,500
- SBA-guaranteed amount
- $769,875 (75% of the approval)
- Lender
- Celtic Bank Corporation, Salt Lake City, UT
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9.5%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- May 27, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $13,283 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jun 26, 2025
- Loan status
- Paid in full
- Jobs supported
- 7
- Business type
- Corporation
- NAICS
- 541213, Tax Preparation Services
- Project location
- Brazoria County, TX
- SBA district office
- Houston District Office
- Congressional district
- TX-22
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 57% of acquisition loans in Tax Preparation Services on this site.
- Average acquisition loan in Tax Preparation Services: $1,139,170.
- 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
- Main Street Tax Group LLC, Lubbock
- Epiphany Southeast LLC, Dallas