Main Street Registry

RP Woodworks LLC

Troup, TX · All Other Specialty Trade Contractors · NAICS 238990

RP Woodworks LLC, located in Troup, Texas, operates in the All Other Specialty Trade Contractors industry (NAICS 238990). The company was financed with an SBA 7(a) loan for a change of ownership of $2,405,000, approved on March 12, 2025 by The Huntington National Bank, with a reported 20 jobs.

SBA 7(a) loan, change of ownership, approved Mar 12, 2025

$2,405,000 approvedLender: The Huntington National Bank14 years termStatus not reported (SBA exemption)Loan details
Gross approval
$2,405,000
SBA-guaranteed amount
$1,803,750 (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
7.6%, fixed
Term
14 years (168 months)
Estimated maturity
March 12, 2039 (estimated, approval date plus term)
Estimated monthly payment
$23,298 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
May 30, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
20
Business type
Corporation
NAICS
238990, All Other Specialty Trade Contractors
Project location
Smith County, TX
SBA district office
Dallas / Ft Worth District Office
Congressional district
TX-01
Collateral
Yes
Guaranteed portion sold on secondary market
Not reported as sold
Revolving line of credit
No (term loan)
  • Larger than 72% of acquisition loans in All Other Specialty Trade Contractors on this site.
  • Average acquisition loan in All Other Specialty Trade Contractors: $1,899,024.
  • 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