Main Street Registry

Woodlands Elite Cheer Co., L.P.

Magnolia, TX · Fitness and Recreational Sports Centers · NAICS 713940

Woodlands Elite Cheer Co., L.P. is a fitness and recreational sports center in Magnolia, Texas, classified under NAICS 713940 (Fitness and Recreational Sports Centers). The company was approved for an SBA 504 loan of $2,048,000 through the Capital Certified Development Corporation, with Glacier Bank as the lending partner, and the approval date was May 5, 2025.

SBA 504 loan, approved May 5, 2025

$2,048,000 SBA portionCDC: Capital Certified Development Corporation25 years termApproved, not yet fundedLoan details
SBA (CDC) portion
$2,048,000
Bank portion
$2,544,444
Estimated project size
$5,102,716 (estimated)
Estimated owner equity
$510,272 (estimated, about 10% of the project)
Bank lender
Glacier Bank, Kalispell, MT
CDC
Capital Certified Development Corporation
Processing method
Accredited Lenders Program: CDC with an expedited SBA review
Term
25 years (300 months)
Estimated maturity
May 5, 2050 (estimated, approval date plus term)
Loan status
Approved, not yet funded
Jobs supported
9
Business type
Corporation
NAICS
713940, Fitness and Recreational Sports Centers
Project location
Montgomery County, TX
SBA district office
Houston District Office
Congressional district
TX-8
Collateral
Yes

Estimated share of project by source

Bank 50% SBA (CDC) 40% Owner 10%

  • Larger than 56% of expansion loans in Fitness and Recreational Sports Centers on this site.
  • Average expansion loan in Fitness and Recreational Sports Centers: $2,194,028.
  • 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