Odessa Cylinder Services LLC
Odessa Cylinder Services LLC is a testing laboratories and services business in Odessa, Texas, classified under NAICS code 541380. It was financed with an SBA 7(a) loan for a change of ownership of $830,000, approved by Byline Bank on September 12, 2025.
SBA 7(a) loan, change of ownership, approved Sep 12, 2025
$830,000 approvedLender: Byline Bank10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $830,000
- SBA-guaranteed amount
- $622,500 (75% of the approval)
- Lender
- Byline Bank, Chicago, IL
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 10.25%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- September 12, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $11,084 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Nov 6, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 4
- Business type
- Corporation
- NAICS
- 541380, Testing Laboratories and Services
- Project location
- Ector County, TX
- SBA district office
- Lubbock District Office
- Congressional district
- TX-11
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 15% of acquisition loans in Testing Laboratories and Services on this site.
- Average acquisition loan in Testing Laboratories and Services: $2,246,192.
- 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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