Sarus Industrial Group LLC
Sarus Industrial Group LLC is located in Conroe, TX, and the SBA lists its industry as Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance. It was approved for an SBA 7(a) loan of $3,110,000 for a change of ownership on September 29, 2025.
SBA 7(a) loan, change of ownership, approved Sep 29, 2025
- Gross approval
- $3,110,000
- SBA-guaranteed amount
- $2,332,500 (75% of the approval)
- Lender
- Truist Bank, Charlotte, NC
- 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 29, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $40,243 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Dec 31, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 20
- Business type
- Corporation
- NAICS
- 811310, Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance
- Project location
- Montgomery County, TX
- SBA district office
- Houston District Office
- Congressional district
- TX-08
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 91% of acquisition loans in Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance on this site.
- Average acquisition loan in Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance: $1,576,060.
- 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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