Smcm Industries Limited Liability Company
Smcm Industries Limited Liability Company, located in Fort Worth, Texas, operates in commercial screen printing (NAICS 323113). The company was financed with an SBA 7(a) loan for a change of ownership, with an SBA-recorded loan amount of $867,600, approved on August 26, 2024 by American Momentum Bank.
SBA 7(a) loan, change of ownership, approved Aug 26, 2024
$867,600 approvedLender: American Momentum Bank10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $867,600
- SBA-guaranteed amount
- $650,700 (75% of the approval)
- Lender
- American Momentum Bank, College Station, TX
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 11%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- August 26, 2034 (estimated, approval date plus term)
- Estimated monthly payment
- $11,951 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Sep 23, 2024
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 21
- Business type
- Corporation
- NAICS
- 323113, Commercial Screen Printing
- Project location
- Tarrant County, TX
- SBA district office
- Dallas / Ft Worth District Office
- Congressional district
- TX-06
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 40% of acquisition loans in Commercial Screen Printing on this site.
- Average acquisition loan in Commercial Screen Printing: $1,602,852.
- 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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