Angry Cactus Real Estate Group LLC
Angry Cactus Real Estate Group LLC is a full-service restaurant business in Abilene, Texas, classified under NAICS code 722511. The company financed real estate or equipment through an SBA 504 loan of $1,572,000 from First Financial Bank, with Capital Certified Development Corporation as the certified development company, and the loan was approved on January 23, 2025.
SBA 504 loan, approved Jan 23, 2025
$1,572,000 SBA portionCDC: Capital Certified Development Corporation25 years termApproved, not yet fundedLoan details
- SBA (CDC) portion
- $1,572,000
- Bank portion
- $2,192,000
- Estimated project size
- $4,182,222 (estimated)
- Estimated owner equity
- $418,222 (estimated, about 10% of the project)
- Bank lender
- First Financial Bank, Abilene, TX
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- January 23, 2050 (estimated, approval date plus term)
- Loan status
- Approved, not yet funded
- Jobs supported
- 40
- Business type
- Corporation
- NAICS
- 722511, Full-Service Restaurants
- Project location
- Taylor County, TX
- SBA district office
- Lubbock District Office
- Congressional district
- TX-11
- Collateral
- Yes
Estimated share of project by source
Bank 52% SBA (CDC) 38% Owner 10%
- Larger than 55% of expansion loans in Full-Service Restaurants on this site.
- Average expansion loan in Full-Service Restaurants: $1,813,082.
- 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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