RES Energy Solutions LLC
RES Energy Solutions LLC is located in Houston, TX, and the SBA lists its industry as Support Activities for Oil and Gas Operations. It was approved for an SBA 7(a) loan of $4,883,400 for a change of ownership on May 30, 2025.
SBA 7(a) loan, change of ownership, approved May 30, 2025
- Gross approval
- $4,883,400
- SBA-guaranteed amount
- $4,395,060 (90% of the approval)
- Lender
- Colony Bank, Fitzgerald, GA
- Processing method
- International Trade Loan: for businesses that export or are preparing to
- Initial interest rate
- 10.25%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- May 30, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $65,212 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jul 18, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 34
- Business type
- Corporation
- NAICS
- 213112, Support Activities for Oil and Gas Operations
- Project location
- Harris County, TX
- SBA district office
- Houston District Office
- Congressional district
- TX-02
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Average acquisition loan in Support Activities for Oil and Gas Operations: $2,412,200.
- 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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