Main Street Registry

Pilarry Enterprises, LLC

Walnut Springs, TX · Drinking Places (Alcoholic Beverages) · NAICS 722410

Pilarry Enterprises, LLC is located in Walnut Springs, TX, and the SBA lists its industry as Drinking Places (Alcoholic Beverages). It was approved for an SBA 7(a) loan of $1,901,000 for a change of ownership on October 16, 2024.

SBA 7(a) loan, change of ownership, approved Oct 16, 2024

Gross approval
$1,901,000
SBA-guaranteed amount
$1,425,750 (75% of the approval)
Lender
Midwest Regional Bank, Festus, MO
Processing method
Standard 7(a): the lender submits the application for SBA review
Initial interest rate
11.25%, variable
Term
23 years, 9 months (285 months)
Estimated maturity
July 16, 2048 (estimated, approval date plus term)
Estimated monthly payment
$19,163 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Nov 4, 2024
Loan status
Status not reported (SBA exemption)
Jobs supported
26
Business type
Corporation
NAICS
722410, Drinking Places (Alcoholic Beverages)
Project location
Somervell County, TX
SBA district office
Dallas / Ft Worth District Office
Congressional district
TX-25
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)

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