Main Street Registry

Landman Diesel Corp

Houston, TX · General Automotive Repair · NAICS 811111

Landman Diesel Corp is a general automotive repair business in Houston, Texas, classified under NAICS code 811111. It was financed with an SBA 7(a) loan for a change of ownership of $1,138,700, approved by City National Bank of Florida on September 11, 2026.

SBA 7(a) loan, change of ownership, approved Sep 11, 2026

$1,138,700 approvedLender: City National Bank of Florida10 years termCommitted, not fully disbursedLoan details
Gross approval
$1,138,700
SBA-guaranteed amount
$854,025 (75% of the approval)
Lender
City National Bank of Florida, Coral Gables, FL
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
9.5%, variable
Term
10 years (120 months)
Estimated maturity
September 11, 2036 (estimated, approval date plus term)
Estimated monthly payment
$14,734 Estimated payment at the initial rate over the full term; actual terms vary.
Loan status
Committed, not fully disbursed
Jobs supported
9
Business type
Corporation
NAICS
811111, General Automotive Repair
Project location
Harris County, TX
SBA district office
Houston District Office
Congressional district
TX-02
Collateral
Yes
Guaranteed portion sold on secondary market
Not reported as sold
Revolving line of credit
No (term loan)
  • Larger than 50% of acquisition loans in General Automotive Repair on this site.
  • Average acquisition loan in General Automotive Repair: $1,353,136.
  • 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