Waters Edge Venue
Waters Edge Venue is located in El Lago, TX, and the SBA lists its industry as Promoters of Performing Arts, Sports, and Similar Events with Facilities. It was approved for an SBA 7(a) loan of $3,640,000 for a change of ownership on September 28, 2026.
SBA 7(a) loan, change of ownership, approved Sep 28, 2026
- Gross approval
- $3,640,000
- SBA-guaranteed amount
- $2,730,000 (75% of the approval)
- Lender
- First Western SBLC, LLC d/b/a Peachtree Group, Dallas, TX
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 8.7%, variable
- Term
- 25 years (300 months)
- Estimated maturity
- September 28, 2051 (estimated, approval date plus term)
- Estimated monthly payment
- $29,802 Estimated payment at the initial rate over the full term; actual terms vary.
- Loan status
- Committed, not fully disbursed
- Jobs supported
- 2
- Business type
- Corporation
- NAICS
- 711310, Promoters of Performing Arts, Sports, and Similar Events with Facilities
- Project location
- Harris County, TX
- SBA district office
- Houston District Office
- Congressional district
- TX-36
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 82% of acquisition loans in Promoters of Performing Arts, Sports, and Similar Events with Facilities on this site.
- Average acquisition loan in Promoters of Performing Arts, Sports, and Similar Events with Facilities: $2,207,255.
- 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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