Lacoul Biz LLC
Lacoul Biz LLC is a business located in Royse City, Texas, operating in the All Other Consumer Goods Rental industry. The company financed real estate or equipment through an SBA 504 loan of $1,497,000, approved January 3, 2025, with Texas First Bank as the lender and Greater East Texas Certified Development Company as the certified development company.
SBA 504 loan, approved Jan 3, 2025
$1,497,000 SBA portionCDC: Greater East Texas Certified Development Company25 years termStatus not reported (SBA exemption)Loan details
- SBA (CDC) portion
- $1,497,000
- Bank portion
- $1,461,500
- Estimated project size
- $3,287,222 (estimated)
- Estimated owner equity
- $328,722 (estimated, about 10% of the project)
- Bank lender
- Texas First Bank, Texas City, TX
- Processing method
- 504 Refinancing: refinances existing business debt
- Term
- 25 years (300 months)
- Estimated maturity
- January 3, 2050 (estimated, approval date plus term)
- First disbursement
- May 14, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 15
- Business type
- Corporation
- NAICS
- 532289, All Other Consumer Goods Rental
- Project location
- Rockwall County, TX
- SBA district office
- Dallas / Ft Worth District Office
- Congressional district
- TX-4
- Collateral
- Yes
Estimated share of project by source
Bank 44% SBA (CDC) 46% Owner 10%
- Average expansion loan in All Other Consumer Goods Rental: $2,124,333.
- 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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