Main Street Registry

Tri-Star Transport - Irving - Inc.

Hutchins, TX · Couriers and Express Delivery Services · NAICS 492110

Tri-Star Transport - Irving - Inc. is a courier and express delivery services business located in Hutchins, TX, classified under NAICS code 492110. It was financed with an SBA 7(a) loan for a change of ownership of $900,000, approved on April 5, 2024, by Falcon National Bank.

SBA 7(a) loan, change of ownership, approved Apr 5, 2024

$900,000 approvedLender: Falcon National Bank10 years termStatus not reported (SBA exemption)Loan details
Gross approval
$900,000
SBA-guaranteed amount
$675,000 (75% of the approval)
Lender
Falcon National Bank, Foley, MN
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
10.5%, variable
Term
10 years (120 months)
Estimated maturity
April 5, 2034 (estimated, approval date plus term)
Estimated monthly payment
$12,144 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Jun 14, 2024
Loan status
Status not reported (SBA exemption)
Jobs supported
25
Business type
Corporation
NAICS
492110, Couriers and Express Delivery Services
Project location
Dallas County, TX
SBA district office
Dallas / Ft Worth District Office
Congressional district
TX-30
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 38% of acquisition loans in Couriers and Express Delivery Services on this site.
  • Average acquisition loan in Couriers and Express Delivery Services: $1,263,343.
  • 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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Same industry in Texas