Mauana Enterprises LLC
Mauana Enterprises LLC is located in New Braunfels, TX, and the SBA lists its industry as Drinking Places (Alcoholic Beverages). It was approved for an SBA 7(a) loan of $1,629,000 for a change of ownership on December 9, 2023.
SBA 7(a) loan, change of ownership, approved Dec 9, 2023
- Gross approval
- $1,629,000
- SBA-guaranteed amount
- $1,221,750 (75% of the approval)
- Lender
- The Huntington National Bank, Columbus, OH
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 11%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- December 9, 2033 (estimated, approval date plus term)
- Estimated monthly payment
- $22,439 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Dec 14, 2023
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 16
- Business type
- Corporation
- NAICS
- 722410, Drinking Places (Alcoholic Beverages)
- Project location
- Comal County, TX
- SBA district office
- San Antonio District Office
- Congressional district
- TX-15
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 84% of acquisition loans in Drinking Places (Alcoholic Beverages) on this site.
- Average acquisition loan in Drinking Places (Alcoholic Beverages): $1,078,366.
- 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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