Giridhari Investments LLC
Giridhari Investments LLC is a convenience retailer located in Scroggins, Texas, classified under NAICS code 445131 (Convenience Retailers). The company was financed with an SBA 7(a) loan for a change of ownership of $1,165,000, approved on December 17, 2025, by Open Bank. The loan is reported with 4 jobs.
SBA 7(a) loan, change of ownership, approved Dec 17, 2025
$1,165,000 approvedLender: Open Bank25 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $1,165,000
- SBA-guaranteed amount
- $873,750 (75% of the approval)
- Lender
- Open Bank, Los Angeles, CA
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 8.25%, variable
- Term
- 25 years (300 months)
- Estimated maturity
- December 17, 2050 (estimated, approval date plus term)
- Estimated monthly payment
- $9,185 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Dec 31, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 4
- Business type
- Corporation
- NAICS
- 445131, Convenience Retailers
- Project location
- Franklin County, TX
- SBA district office
- Dallas / Ft Worth District Office
- Congressional district
- TX-01
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 61% of acquisition loans in Convenience Retailers on this site.
- Average acquisition loan in Convenience Retailers: $1,185,102.
- 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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