Texas Fulfillment Service, LLC
Texas Fulfillment Service, LLC is a business in Stonewall, TX in the other warehousing and storage industry (NAICS 493190). It was financed with an SBA 7(a) loan for a change of ownership totaling $1,022,400, approved on April 10, 2024 by Fifth Third Bank.
SBA 7(a) loan, change of ownership, approved Apr 10, 2024
$1,022,400 approvedLender: Fifth Third Bank10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $1,022,400
- SBA-guaranteed amount
- $766,800 (75% of the approval)
- Lender
- Fifth Third Bank, Cincinnati, OH
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 8%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- April 10, 2034 (estimated, approval date plus term)
- Estimated monthly payment
- $12,405 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Apr 30, 2024
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 20
- Business type
- Corporation
- NAICS
- 493190, Other Warehousing and Storage
- Project location
- Gillespie County, TX
- SBA district office
- San Antonio District Office
- Congressional district
- TX-21
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Average acquisition loan in Other Warehousing and Storage: $2,231,200.
- 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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