6511 N. Wayside Property LLC
6511 N. Wayside Property LLC is located in Houston, TX, and the SBA lists its industry as Other Miscellaneous Durable Goods Merchant Wholesalers. It was approved for an SBA 504 loan ($1,840,000 SBA portion) on February 10, 2025 to finance real estate or equipment.
SBA 504 loan, approved Feb 10, 2025
- SBA (CDC) portion
- $1,840,000
- Bank portion
- $1,796,500
- Estimated project size
- $4,040,556 (estimated)
- Estimated owner equity
- $404,056 (estimated, about 10% of the project)
- Bank lender
- East West Bank, Pasadena, CA
- Processing method
- 504 Refinancing: refinances existing business debt
- Term
- 25 years (300 months)
- Estimated maturity
- February 10, 2050 (estimated, approval date plus term)
- First disbursement
- Apr 16, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 2
- Business type
- Corporation
- NAICS
- 423990, Other Miscellaneous Durable Goods Merchant Wholesalers
- Project location
- Harris County, TX
- SBA district office
- Houston District Office
- Congressional district
- TX-18
- Collateral
- Yes
Estimated share of project by source
Bank 44% SBA (CDC) 46% Owner 10%
- Larger than 41% of expansion loans in Other Miscellaneous Durable Goods Merchant Wholesalers on this site.
- Average expansion loan in Other Miscellaneous Durable Goods Merchant Wholesalers: $2,562,152.
- 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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