Searcy Investments, L.L.C.
Searcy Investments, L.L.C. is a full-service restaurant business located in Rosenberg, Texas, operating as a Golden Corral franchise. The company financed real estate or equipment through an SBA 504 loan of $1,737,000 with a bank portion from Texas First Bank, with the Certified Development Corporation being North Texas Certified Development Corporation, and the loan was approved on March 31, 2025.
SBA 504 loan, approved Mar 31, 2025
$1,737,000 SBA portionCDC: North Texas Certified Development Corporation25 years termStatus not reported (SBA exemption)Loan details
- SBA (CDC) portion
- $1,737,000
- Bank portion
- $1,696,000
- Estimated project size
- $3,814,444 (estimated)
- Estimated owner equity
- $381,444 (estimated, about 10% of the project)
- Bank lender
- Texas First Bank, Texas City, TX
- Processing method
- 504 Refinancing: refinances existing business debt
- Term
- 25 years (300 months)
- Estimated maturity
- March 31, 2050 (estimated, approval date plus term)
- First disbursement
- Sep 17, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 95
- Business type
- Corporation
- NAICS
- 722511, Full-Service Restaurants
- Franchise
- Golden Corral
- Project location
- Fort Bend County, TX
- SBA district office
- Houston District Office
- Congressional district
- TX-22
- Collateral
- Yes
Estimated share of project by source
Bank 44% SBA (CDC) 46% Owner 10%
- Larger than 64% of expansion loans in Full-Service Restaurants on this site.
- Average expansion loan in Full-Service Restaurants: $1,813,082.
- Average expansion loan in Texas: $2,316,979.
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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