SBA lending record
NEXTGEN PROPERTY HOLDINGS LLC
1119 S RAYBURN FWY AND 1116 S AUSTIN ST, Sherman, TX 75090 · Automotive Oil Change and Lubrication Shops. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$765K
Total SBA financing
1
Loan on record
FY2024
On record
10
Jobs supported
Franchise brand
Costa Oil
See Costa Oil's SBA financing data — typical deal, failure rate, and how its loans perform →
● business — business location is the ZIP-area centroid from the public record
Is NEXTGEN PROPERTY HOLDINGS LLC your business?
This record comes from public government lending data. Claim it to correct the details or tell your story — or ask us to take it down.
The loan
$765,000 — FY2024
- Gross approval
- $765,000
- SBA guaranteed
- $573,750 (75%)
- Status
- Current
- Rate at approval
- 11.25% v
- Term
- 300 mo (25 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 8/26/2024
- First disbursement
- 8/28/2024
- Days to fund
- 2 days
- Collateral
- Required
- Sold on secondary market
- Yes
The lender
Stearns Bank National Association
1 loan to this businessFull SBA lending record + branches on the lender page →Agent summary
This page summarizes the public SBA 7(a) lending record for NEXTGEN PROPERTY HOLDINGS LLC in Sherman, TX (Automotive Oil Change and Lubrication Shops). DealRoom compiles public SBA loan data, lender activity, and business signals to help buyers and advisors evaluate acquisition financing — it does not list this business for sale.
- 1 SBA 7(a) loan totaling $765K
- On record FY2024
- 10 jobs supported
- Industry: Automotive Oil Change and Lubrication Shops
- Location: Sherman, TX
- Lender: Stearns Bank National Association
- Data freshness:
- SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-15.
- Sources:
- Public SBA 7(a) loan records; FDIC institution data (BankFind); DealRoom lender and franchise enrichment.
- Methodology:
Is NEXTGEN PROPERTY HOLDINGS LLC your business?
This page was built from public lending data. Claim it free to correct the details, tell your story, and control how your business shows up — or ask us to take it down.
Researching a business like this one?
The numbers above are what a deal of this size and type actually looked like. Tell us what you're buying and we'll point you to the lenders most likely to fund it.
Free · No documents · Usually same-day
DealRoom listing built from public SBA 7(a) lending records. Figures are as reported; verify before relying on them. Not affiliated with NEXTGEN PROPERTY HOLDINGS LLC.