The Honey Suckle
The Honey Suckle, located in Fischer, Texas, operates in the drinking places (alcoholic beverages) industry under NAICS code 722410. The business financed real estate or equipment through an SBA 504 loan of $1,301,000, approved on January 23, 2024, with Prosperity Bank as the lender and Capital Certified Development Corporation as the certified development company.
SBA 504 loan, approved Jan 23, 2024
$1,301,000 SBA portionCDC: Capital Certified Development Corporation25 years termStatus not reported (SBA exemption)Loan details
- SBA (CDC) portion
- $1,301,000
- Bank portion
- $1,740,000
- Estimated project size
- $3,378,889 (estimated)
- Estimated owner equity
- $337,889 (estimated, about 10% of the project)
- Bank lender
- Prosperity Bank, El Campo, TX
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- January 23, 2049 (estimated, approval date plus term)
- First disbursement
- Jul 15, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 22
- Business type
- Corporation
- NAICS
- 722410, Drinking Places (Alcoholic Beverages)
- Project location
- Comal County, TX
- SBA district office
- San Antonio District Office
- Congressional district
- TX-21
- Collateral
- Yes
Estimated share of project by source
Bank 51% SBA (CDC) 39% Owner 10%
- Larger than 46% of expansion loans in Drinking Places (Alcoholic Beverages) on this site.
- Average expansion loan in Drinking Places (Alcoholic Beverages): $1,516,000.
- 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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