Boen Landscaping & Irrigation, LLC
Boen Landscaping & Irrigation, LLC, located in Needville, TX, operates in the landscaping services industry (NAICS 561730). The business has been financed with two SBA 7(a) loans for a change of ownership, one of $882,400 approved on April 30, 2024 and one of $990,400 approved on May 26, 2026, both through Gulf Coast Bank and Trust Company.
SBA 7(a) loan, change of ownership, approved May 26, 2026
$990,400 approvedLender: Gulf Coast Bank and Trust Company10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $990,400
- SBA-guaranteed amount
- $742,800 (75% of the approval)
- Lender
- Gulf Coast Bank and Trust Company, New Orleans, LA
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9.25%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- May 26, 2036 (estimated, approval date plus term)
- Estimated monthly payment
- $12,680 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jun 5, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 20
- Business type
- Corporation
- NAICS
- 561730, Landscaping Services
- Project location
- Fort Bend County, TX
- SBA district office
- Houston District Office
- Congressional district
- TX-22
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 39% of acquisition loans in Landscaping Services on this site.
- Average acquisition loan in Landscaping Services: $1,520,772.
- 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.
SBA 7(a) loan, change of ownership, approved Apr 30, 2024
$882,400 approvedLender: Gulf Coast Bank and Trust Company10 years termPaid in fullLoan details
- Gross approval
- $882,400
- SBA-guaranteed amount
- $661,800 (75% of the approval)
- Lender
- Gulf Coast Bank and Trust Company, New Orleans, LA
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 10.75%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- April 30, 2034 (estimated, approval date plus term)
- Estimated monthly payment
- $12,031 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Apr 30, 2024
- Loan status
- Paid in full
- Jobs supported
- 2
- Business type
- Corporation
- NAICS
- 561730, Landscaping Services
- Project location
- Fort Bend County, TX
- SBA district office
- Houston District Office
- Congressional district
- TX-22
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 32% of acquisition loans in Landscaping Services on this site.
- Average acquisition loan in Landscaping Services: $1,520,772.
- 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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- 25One Partners, LLC, Austin
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- Stems And Stones Inc., Fort Worth
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