Victory Precision Stone LLC
Victory Precision Stone LLC is located in Austin, TX, and the SBA lists its industry as Cut Stone and Stone Product Manufacturing. It was approved for an SBA 7(a) loan of $781,700 for a change of ownership on February 24, 2025.
SBA 7(a) loan, change of ownership, approved Feb 24, 2025
- Gross approval
- $781,700
- SBA-guaranteed amount
- $586,275 (75% of the approval)
- Lender
- TowneBank, Portsmouth, VA
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 10.25%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- February 24, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $10,439 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Mar 28, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 4
- Business type
- Corporation
- NAICS
- 327991, Cut Stone and Stone Product Manufacturing
- Project location
- Williamson County, TX
- SBA district office
- San Antonio District Office
- Congressional district
- TX-10
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 10% of acquisition loans in Cut Stone and Stone Product Manufacturing on this site.
- Average acquisition loan in Cut Stone and Stone Product Manufacturing: $1,615,785.
- 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
- Stone Cut Holding LLC, Converse