Weston Dean Custom Homes, LP
Weston Dean Custom Homes, LP is a business in San Antonio, Texas, in the new single-family housing construction industry (NAICS 236115). The company was financed with an SBA 7(a) loan for a change of ownership totaling $2,015,000, approved on December 6, 2024 by lender Port 51 Lending LLC. The loan is listed with 40 jobs.
SBA 7(a) loan, change of ownership, approved Dec 6, 2024
$2,015,000 approvedLender: Port 51 Lending LLC10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $2,015,000
- SBA-guaranteed amount
- $1,511,250 (75% of the approval)
- Lender
- Port 51 Lending LLC, New York, NY
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 10.75%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- December 6, 2034 (estimated, approval date plus term)
- Estimated monthly payment
- $27,472 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Dec 13, 2024
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 40
- Business type
- LLC or partnership
- NAICS
- 236115, New Single-Family Housing Construction (except For-Sale Builders)
- Project location
- Bexar County, TX
- SBA district office
- San Antonio District Office
- Congressional district
- TX-21
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 48% of acquisition loans in New Single-Family Housing Construction (except For-Sale Builders) on this site.
- Average acquisition loan in New Single-Family Housing Construction (except For-Sale Builders): $2,231,419.
- 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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