CBS Home Express & More, LLC
CBS Home Express & More, LLC is a hardware retailer in Coushatta, Louisiana, classified under the hardware retailers industry. The business was financed with an SBA 7(a) loan for a change of ownership of $2.4 million, approved by American Bank with a date of May 28, 2026.
SBA 7(a) loan, change of ownership, approved May 28, 2026
$2,400,000 approvedLender: American Bank10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $2,400,000
- SBA-guaranteed amount
- $1,800,000 (75% of the approval)
- Lender
- American Bank, Covington, LA
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 7.75%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- May 28, 2036 (estimated, approval date plus term)
- Estimated monthly payment
- $28,803 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jun 30, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 21
- Business type
- Corporation
- NAICS
- 444140, Hardware Retailers
- Franchise
- Ace Hardware
- Project location
- Red River County, LA
- SBA district office
- Louisiana District Office
- Congressional district
- LA-04
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 73% of acquisition loans in Hardware Retailers on this site.
- Average acquisition loan in Hardware Retailers: $1,808,637.
- Average acquisition loan in Louisiana: $1,702,056.
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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