Vitel Communications Holding LLC
Vitel Communications Holding LLC is located in Amarillo, TX, and the SBA lists its industry as Electrical Contractors and Other Wiring Installation Contractors. It was approved for an SBA 504 loan ($1,622,000 SBA portion) on April 28, 2026 to finance real estate or equipment.
SBA 504 loan, approved Apr 28, 2026
- SBA (CDC) portion
- $1,622,000
- Bank portion
- $1,969,283
- Estimated project size
- $3,990,314 (estimated)
- Estimated owner equity
- $399,031 (estimated, about 10% of the project)
- Bank lender
- Amarillo National Bank, Amarillo, TX
- Processing method
- 504 Basic: standard SBA processing through a CDC
- Term
- 25 years (300 months)
- Estimated maturity
- April 28, 2051 (estimated, approval date plus term)
- Loan status
- Approved, not yet funded
- Jobs supported
- 18
- Business type
- LLC or partnership
- NAICS
- 238210, Electrical Contractors and Other Wiring Installation Contractors
- Project location
- Randall County, TX
- SBA district office
- Lubbock District Office
- Congressional district
- TX-13
- Collateral
- Yes
Estimated share of project by source
Bank 49% SBA (CDC) 41% Owner 10%
- Larger than 51% of expansion loans in Electrical Contractors and Other Wiring Installation Contractors on this site.
- Average expansion loan in Electrical Contractors and Other Wiring Installation Contractors: $2,211,634.
- Average expansion loan in Texas: $2,316,979.
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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