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Henion Property Holding 1 LLC

Lago Vista, TX · Lessors of Miniwarehouses and Self-Storage Units · NAICS 531130

Henion Property Holding 1 LLC, located in Lago Vista, Texas, operates in the lessors of miniwarehouses and self-storage units industry. The company was financed with an SBA 7(a) loan for a change of ownership of $930,000, approved on March 5, 2026, by Live Oak Banking Company.

SBA 7(a) loan, change of ownership, approved Mar 5, 2026

$930,000 approvedLender: Live Oak Banking Company25 years termStatus not reported (SBA exemption)Loan details
Gross approval
$930,000
SBA-guaranteed amount
$697,500 (75% of the approval)
Lender
Live Oak Banking Company, Wilmington, NC
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
7.25%, variable
Term
25 years (300 months)
Estimated maturity
March 5, 2051 (estimated, approval date plus term)
Estimated monthly payment
$6,722 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Mar 16, 2026
Loan status
Status not reported (SBA exemption)
Jobs supported
2
Business type
Corporation
NAICS
531130, Lessors of Miniwarehouses and Self-Storage Units
Project location
Travis County, TX
SBA district office
San Antonio District Office
Congressional district
TX-25
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 27% of acquisition loans in Lessors of Miniwarehouses and Self-Storage Units on this site.
  • Average acquisition loan in Lessors of Miniwarehouses and Self-Storage Units: $1,454,898.
  • 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