Main Street Registry

Dust & Rick Enterprises LLC

Lake Jackson, TX · Fitness and Recreational Sports Centers · NAICS 713940

Dust & Rick Enterprises LLC, located in Lake Jackson, Texas, operates in the fitness and recreational sports centers industry (NAICS 713940). The business was financed with an SBA 7(a) loan for a change of ownership of $999,600, approved by First Financial Bank on February 19, 2025, with 26 jobs reported.

SBA 7(a) loan, change of ownership, approved Feb 19, 2025

$999,600 approvedLender: First Financial Bank10 years termStatus not reported (SBA exemption)Loan details
Gross approval
$999,600
SBA-guaranteed amount
$749,700 (75% of the approval)
Lender
First Financial Bank, Abilene, TX
Processing method
Standard 7(a): the lender submits the application for SBA review
Initial interest rate
9.5%, variable
Term
10 years (120 months)
Estimated maturity
February 19, 2035 (estimated, approval date plus term)
Estimated monthly payment
$12,935 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
May 8, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
26
Business type
Corporation
NAICS
713940, Fitness and Recreational Sports Centers
Project location
Brazoria 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 50% of acquisition loans in Fitness and Recreational Sports Centers on this site.
  • Average acquisition loan in Fitness and Recreational Sports Centers: $1,274,850.
  • 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