Wbk Transport Inc
Wbk Transport Inc is located in Parker, TX, and the SBA lists its industry as General Freight Trucking, Local. It was approved for an SBA 7(a) loan of $1,615,000 for a change of ownership on January 29, 2025.
SBA 7(a) loan, change of ownership, approved Jan 29, 2025
- Gross approval
- $1,615,000
- SBA-guaranteed amount
- $1,211,250 (75% of the approval)
- Lender
- First Financial Bank, El Dorado, AR
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- January 29, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $20,458 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- May 1, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 24
- Business type
- Corporation
- NAICS
- 484110, General Freight Trucking, Local
- Project location
- Collin County, TX
- SBA district office
- Dallas / Ft Worth District Office
- Congressional district
- TX-03
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 59% of acquisition loans in General Freight Trucking, Local on this site.
- Average acquisition loan in General Freight Trucking, Local: $1,691,140.
- 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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Same industry in Texas
- Precision Fleet Operations LLC, Mansfield
- TETM Logistics Inc., Fort Worth
- Canada Group Systems Inc, El Paso
- Mongoose Trucking and Logistics, Inc., Frisco
- Billups Industrial Group LLC, Grapevine
- MG Xtreme Enterprises, LLC, Ferris
- Land Grant Transport, Inc., San Antonio
- Aurora Star Transport LLC, Houston