Aurora Star Transport LLC
Aurora Star Transport LLC is located in Houston, TX, and the SBA lists its industry as General Freight Trucking, Local. It was approved for an SBA 7(a) loan of $4,120,000 for a change of ownership on June 13, 2024.
SBA 7(a) loan, change of ownership, approved Jun 13, 2024
- Gross approval
- $4,120,000
- SBA-guaranteed amount
- $3,090,000 (75% of the approval)
- Lender
- First Bank of the Lake, Osage Beach, MO
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 10%, fixed
- Term
- 16 years (192 months)
- Estimated maturity
- June 13, 2040 (estimated, approval date plus term)
- Estimated monthly payment
- $43,091 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jun 28, 2024
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 36
- Business type
- Corporation
- NAICS
- 484110, General Freight Trucking, Local
- Project location
- Harris County, TX
- SBA district office
- Houston District Office
- Congressional district
- TX-02
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 97% of acquisition loans in General Freight Trucking, Local on this site.
- Average acquisition loan in General Freight Trucking, Local: $1,691,140.
- 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
- Precision Fleet Operations LLC, Mansfield
- TETM Logistics Inc., Fort Worth
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- Mongoose Trucking and Logistics, Inc., Frisco
- Billups Industrial Group LLC, Grapevine
- MG Xtreme Enterprises, LLC, Ferris
- Wbk Transport Inc, Parker
- Land Grant Transport, Inc., San Antonio