Main Street Registry

C and C Sports and Apparel LLC

Hempstead, TX · Sporting and Recreational Goods and Supplies Merchant Wholesalers · NAICS 423910

C and C Sports and Apparel LLC is located in Hempstead, Texas, and operates in the sporting and recreational goods and supplies merchant wholesalers industry. The company was financed with an SBA 7(a) loan for a change of ownership in the amount of $2,010,000, approved by Beacon Bank and Trust on December 11, 2024.

SBA 7(a) loan, change of ownership, approved Dec 11, 2024

$2,010,000 approvedLender: Beacon Bank and Trust10 years termStatus not reported (SBA exemption)Loan details
Gross approval
$2,010,000
SBA-guaranteed amount
$1,507,500 (75% of the approval)
Lender
Beacon Bank and Trust, Brookline, MA
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
10.25%, variable
Term
10 years (120 months)
Estimated maturity
December 11, 2034 (estimated, approval date plus term)
Estimated monthly payment
$26,841 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Dec 20, 2024
Loan status
Status not reported (SBA exemption)
Jobs supported
29
Business type
Corporation
NAICS
423910, Sporting and Recreational Goods and Supplies Merchant Wholesalers
Project location
Waller County, TX
SBA district office
Houston District Office
Congressional district
TX-10
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 73% of acquisition loans in Sporting and Recreational Goods and Supplies Merchant Wholesalers on this site.
  • Average acquisition loan in Sporting and Recreational Goods and Supplies Merchant Wholesalers: $1,420,040.
  • 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