Hourglass International Inc.
Hourglass International Inc. is an other miscellaneous nondurable goods merchant wholesaler located in Stafford, Texas, classified under NAICS code 424990. The company financed real estate or equipment through an SBA 504 loan with an SBA portion of $3,000,000, approved on May 13, 2025, through JPMorgan Chase Bank, N.A. with a Community Certified Development Corporation.
SBA 504 loan, approved May 13, 2025
$3,069,000 SBA portionCDC: Community Certified Development Corporation25 years termStatus not reported (SBA exemption)Loan details
- SBA (CDC) portion
- $3,069,000
- Bank portion
- $3,000,000
- Estimated project size
- $6,743,333 (estimated)
- Estimated owner equity
- $674,333 (estimated, about 10% of the project)
- Bank lender
- JPMorgan Chase Bank, N.A., Houston, TX
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- May 13, 2050 (estimated, approval date plus term)
- First disbursement
- Sep 17, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 2
- Business type
- Corporation
- NAICS
- 424990, Other Miscellaneous Nondurable Goods Merchant Wholesalers
- Project location
- Fort Bend County, TX
- SBA district office
- Houston District Office
- Congressional district
- TX-9
- Collateral
- Yes
Estimated share of project by source
Bank 44% SBA (CDC) 46% Owner 10%
- Larger than 76% of expansion loans in Other Miscellaneous Nondurable Goods Merchant Wholesalers on this site.
- Average expansion loan in Other Miscellaneous Nondurable Goods Merchant Wholesalers: $2,330,259.
- 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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