SBA lending record

R88, INC.

16803 DALLAS PKWY STE 300, Addison, TX 75001 · Computing Infrastructure Providers, Data Processing, Web Hos. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$2.0M

Total SBA financing

Loan on record

FY2024

On record

Jobs supported

● business — business location is the ZIP-area centroid from the public record

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The loan

$2,011,500 — FY2024

Gross approval: $2,011,500
SBA guaranteed: $1,508,625 (75%)
Status: Current
Rate at approval: 11% v
Term: 120 mo (10 yr)
Program: Preferred Lenders Program
Subprogram: Guaranty
Loan type: Term loan
Purpose: Business purchase
Approved: 3/13/2024
First disbursement: 3/29/2024
Days to fund: 16 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 R88, INC. in Addison, TX (Computing Infrastructure Providers, Data Processing, Web Hos). 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 $2.0M
On record FY2024
11 jobs supported
Industry: Computing Infrastructure Providers, Data Processing, Web Hos
Location: Addison, TX
Lender: Stearns Bank National Association

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