Coastal Automation Services, Inc.
Coastal Automation Services, Inc. is an engineering services business in Beaumont, Texas, classified under NAICS 541330. The company was financed with an SBA 7(a) loan for a change of ownership of $845,000, approved on December 12, 2025 by Texas First Bank.
SBA 7(a) loan, change of ownership, approved Dec 12, 2025
$845,000 approvedLender: Texas First Bank10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $845,000
- SBA-guaranteed amount
- $633,750 (75% of the approval)
- Lender
- Texas First Bank, Texas City, TX
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 8.5%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- December 12, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $10,477 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Dec 19, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 50
- Business type
- Corporation
- NAICS
- 541330, Engineering Services
- Project location
- Jefferson County, TX
- SBA district office
- Houston District Office
- Congressional district
- TX-14
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 27% of acquisition loans in Engineering Services on this site.
- Average acquisition loan in Engineering Services: $1,946,706.
- 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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