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Austin Legacy Holdings LLC

Austin, TX · Poured Concrete Foundation and Structure Contractors · NAICS 238110

Austin Legacy Holdings LLC is a poured concrete foundation and structure contractor located in Austin, TX, classified under NAICS code 238110. The company was financed with an SBA 7(a) loan for a change of ownership in the amount of $773,000, approved by Merchants Bank of Indiana on December 23, 2024. The loan supports 14 jobs.

SBA 7(a) loan, change of ownership, approved Dec 23, 2024

$773,000 approvedLender: Merchants Bank of Indiana126 months termStatus not reported (SBA exemption)Loan details
Gross approval
$773,000
SBA-guaranteed amount
$579,750 (75% of the approval)
Lender
Merchants Bank of Indiana, Carmel, IN
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
10%, variable
Term
10 years, 6 months (126 months)
Estimated maturity
June 23, 2035 (estimated, approval date plus term)
Estimated monthly payment
$9,933 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Dec 30, 2024
Loan status
Status not reported (SBA exemption)
Jobs supported
14
Business type
Corporation
NAICS
238110, Poured Concrete Foundation and Structure Contractors
Project location
Travis County, TX
SBA district office
San Antonio District Office
Congressional district
TX-21
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 33% of acquisition loans in Poured Concrete Foundation and Structure Contractors on this site.
  • Average acquisition loan in Poured Concrete Foundation and Structure Contractors: $1,469,074.
  • 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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