King's Peak Kennels, LLC
King's Peak Kennels, LLC is a pet care services business located in Windom, Texas, classified under the industry Pet Care (except Veterinary) Services. The business was financed with an SBA 7(a) loan for a change of ownership, in the amount of $1,590,000, approved by First Financial Bank on April 22, 2025.
SBA 7(a) loan, change of ownership, approved Apr 22, 2025
$1,590,000 approvedLender: First Financial Bank25 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $1,590,000
- SBA-guaranteed amount
- $1,192,500 (75% of the approval)
- Lender
- First Financial Bank, El Dorado, AR
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 8.4%, variable
- Term
- 25 years (300 months)
- Estimated maturity
- April 22, 2050 (estimated, approval date plus term)
- Estimated monthly payment
- $12,696 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Apr 25, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 7
- Business type
- Corporation
- NAICS
- 812910, Pet Care (except Veterinary) Services
- Project location
- Fannin County, TX
- SBA district office
- Dallas / Ft Worth District Office
- Congressional district
- TX-04
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 73% of acquisition loans in Pet Care (except Veterinary) Services on this site.
- Average acquisition loan in Pet Care (except Veterinary) Services: $1,325,264.
- 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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