SQP Truck & Storage 3 LLC
SQP Truck & Storage 3 LLC is a business in Van Alstyne, TX, in the industry of lessors of miniwarehouses and self-storage units (NAICS 531130). The company financed real estate or equipment through an SBA 504 loan with an SBA portion of $1,896,000, with Bank Five Nine as the bank lender and Capital Certified Development Corporation as the certified development company, with approval dated June 8, 2026.
SBA 504 loan, approved Jun 8, 2026
$1,896,000 SBA portionCDC: Capital Certified Development Corporation25 years termApproved, not yet fundedLoan details
- SBA (CDC) portion
- $1,896,000
- Bank portion
- $2,302,500
- Estimated project size
- $4,665,000 (estimated)
- Estimated owner equity
- $466,500 (estimated, about 10% of the project)
- Bank lender
- Bank Five Nine, Oconomowoc, WI
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- June 8, 2051 (estimated, approval date plus term)
- Loan status
- Approved, not yet funded
- Jobs supported
- 2
- Business type
- Corporation
- NAICS
- 531130, Lessors of Miniwarehouses and Self-Storage Units
- Project location
- Grayson County, TX
- SBA district office
- Dallas / Ft Worth District Office
- Congressional district
- TX-4
- Collateral
- Yes
Estimated share of project by source
Bank 49% SBA (CDC) 41% Owner 10%
- Larger than 42% of expansion loans in Lessors of Miniwarehouses and Self-Storage Units on this site.
- Average expansion loan in Lessors of Miniwarehouses and Self-Storage Units: $2,754,774.
- 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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