SSS Holdings LLC
SSS Holdings LLC is located in Houston, TX, and the SBA lists its industry as Gasoline Stations with Convenience Stores. It was approved for an SBA 7(a) loan of $2,033,100 for a change of ownership on October 26, 2023.
SBA 7(a) loan, change of ownership, approved Oct 26, 2023
- Gross approval
- $2,033,100
- SBA-guaranteed amount
- $1,524,825 (75% of the approval)
- Lender
- Ameris Bank, Atlanta, GA
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 10.25%, variable
- Term
- 25 years (300 months)
- Estimated maturity
- October 26, 2048 (estimated, approval date plus term)
- Estimated monthly payment
- $18,834 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Mar 28, 2024
- Loan status
- Paid in full
- Jobs supported
- 5
- Business type
- Corporation
- NAICS
- 457110, Gasoline Stations with Convenience Stores
- Project location
- Harris County, TX
- SBA district office
- Houston District Office
- Congressional district
- TX-09
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 56% of acquisition loans in Gasoline Stations with Convenience Stores on this site.
- Average acquisition loan in Gasoline Stations with Convenience Stores: $2,177,273.
- 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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