Main Street Registry

SQP Truck Parking and Storage LLC

Mckinney, TX · Lessors of Miniwarehouses and Self-Storage Units · NAICS 531130

SQP Truck Parking and Storage LLC is located in McKinney, Texas, and operates in the lessors of miniwarehouses and self-storage units industry. The company financed real estate or equipment through an SBA 504 loan with an SBA portion of $1,336,000, approved on April 13, 2024, with Alliance Lending Corporation as the certified development company and Bank Five Nine as the lending bank.

SBA 504 loan, approved Apr 13, 2024

$1,336,000 SBA portionCDC: Alliance Lending Corporation25 years termStatus not reported (SBA exemption)Loan details
SBA (CDC) portion
$1,336,000
Bank portion
$1,630,000
Estimated project size
$3,295,556 (estimated)
Estimated owner equity
$329,556 (estimated, about 10% of the project)
Bank lender
Bank Five Nine, Oconomowoc, WI
CDC
Alliance Lending Corporation
Processing method
504 Basic: standard SBA processing through a CDC
Term
25 years (300 months)
Estimated maturity
April 13, 2049 (estimated, approval date plus term)
First disbursement
Mar 11, 2026
Loan status
Status not reported (SBA exemption)
Jobs supported
2
Business type
Corporation
NAICS
531130, Lessors of Miniwarehouses and Self-Storage Units
Project location
Collin County, TX
SBA district office
Dallas / Ft Worth District Office
Congressional district
TX-3
Collateral
Yes

Estimated share of project by source

Bank 49% SBA (CDC) 41% Owner 10%

  • Larger than 16% 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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Same industry in Texas