Main Street Registry

Mongoose Trucking and Logistics, Inc.

Frisco, TX · General Freight Trucking, Local · NAICS 484110

Mongoose Trucking and Logistics, Inc. is a general freight trucking business in Frisco, Texas, classified under the NAICS industry for local general freight trucking. The company was financed with an SBA 7(a) loan for a change of ownership in the amount of $834,600, approved by Celtic Bank Corporation on September 30, 2025, with 14 jobs reported.

SBA 7(a) loan, change of ownership, approved Sep 30, 2025

$834,600 approvedLender: Celtic Bank Corporation10 years termStatus not reported (SBA exemption)Loan details
Gross approval
$834,600
SBA-guaranteed amount
$625,950 (75% of the approval)
Lender
Celtic Bank Corporation, Salt Lake City, UT
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
10.5%, variable
Term
10 years (120 months)
Estimated maturity
September 30, 2035 (estimated, approval date plus term)
Estimated monthly payment
$11,262 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Oct 17, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
14
Business type
Corporation
NAICS
484110, General Freight Trucking, Local
Project location
Collin County, TX
SBA district office
Dallas / Ft Worth District Office
Congressional district
TX-03
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 17% of acquisition loans in General Freight Trucking, Local on this site.
  • Average acquisition loan in General Freight Trucking, Local: $1,691,140.
  • 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