SXNY Holdings LLC
SXNY Holdings LLC is a business in Mansfield, TX, in the industry Other Activities Related to Real Estate (NAICS 531390). It was financed with an SBA 7(a) loan for a change of ownership totaling $3,773,100, approved on February 29, 2024, through Regions Bank.
SBA 7(a) loan, change of ownership, approved Feb 29, 2024
$3,773,100 approvedLender: Regions Bank10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $3,773,100
- SBA-guaranteed amount
- $3,395,790 (90% of the approval)
- Lender
- Regions Bank, Birmingham, AL
- Processing method
- International Trade Loan: for businesses that export or are preparing to
- Initial interest rate
- 10%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- February 28, 2034 (estimated, approval date plus term)
- Estimated monthly payment
- $49,862 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Mar 15, 2024
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 14
- Business type
- Corporation
- NAICS
- 531390, Other Activities Related to Real Estate
- Project location
- Tarrant County, TX
- SBA district office
- Dallas / Ft Worth District Office
- Congressional district
- TX-06
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 91% of acquisition loans in Other Activities Related to Real Estate on this site.
- Average acquisition loan in Other Activities Related to Real Estate: $1,530,355.
- 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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