Grupo Alexander Properties LLC
Grupo Alexander Properties LLC is located in Laredo, Texas, and operates in the freight transportation arrangement industry (NAICS 488510). The company financed real estate or equipment through an SBA 504 loan of $1.9 million, with the SBA portion approved on August 12, 2024, through Bank Five Nine and Texas Certified Development Company, Inc.
SBA 504 loan, approved Aug 12, 2024
$1,892,000 SBA portionCDC: Texas Certified Development Company, Inc.25 years termStatus not reported (SBA exemption)Loan details
- SBA (CDC) portion
- $1,892,000
- Bank portion
- $1,848,150
- Estimated project size
- $4,155,722 (estimated)
- Estimated owner equity
- $415,572 (estimated, about 10% of the project)
- Bank lender
- Bank Five Nine, Oconomowoc, WI
- Processing method
- 504 Refinancing: refinances existing business debt
- Term
- 25 years (300 months)
- Estimated maturity
- August 12, 2049 (estimated, approval date plus term)
- First disbursement
- Dec 11, 2024
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 6
- Business type
- Corporation
- NAICS
- 488510, Freight Transportation Arrangement
- Project location
- Webb County, TX
- SBA district office
- San Antonio District Office
- Congressional district
- TX-28
- Collateral
- Yes
Estimated share of project by source
Bank 44% SBA (CDC) 46% Owner 10%
- Larger than 43% of expansion loans in Freight Transportation Arrangement on this site.
- Average expansion loan in Freight Transportation Arrangement: $2,273,643.
- Average expansion loan in Texas: $2,316,979.
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
- On-Target Supplies & Logistics, Ltd., Dallas
- Al-Con Properties LLC, Laredo