Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.

Funded by Commonwealth Business Bank · Lender record →

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LMSAD Enterprises Inc in Aubrey, TX — $687K (2022) · Commonwealth Business Bank

Program: Preferred Lenders Program
Rate at approval: 5.5% variable
Term: 120 mo (10 yrs)
SBA guaranteed: $515K (75%)
Approval → funding: 9 days
Approved: 3/22/2022
First disbursed: 3/31/2022
Loan status: Paid in full (4/30/2023)
Loan type: Term loan
Collateral: Required
Business type: Corporation
Secondary market: Loan sold to investors
Jobs supported: 19
Business age: New Business or 2 years or less
Industry: Limited-Service Restaurants

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Universal Food Corp LLC in Houston, TX — $602K (2022) · Wallis Bank

Program: Preferred Lenders Program
Rate at approval: 5% variable
Term: 126 months
SBA guaranteed: $452K (75%)
Approval → funding: 0 days
Approved: 1/31/2022
First disbursed: 1/31/2022
Loan status: Current
Loan type: Term loan
Collateral: Required
Business type: Corporation
Secondary market: Loan sold to investors
Jobs supported: 30
Business age: New Business or 2 years or less
Industry: Limited-Service Restaurants

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Universal Food Corp LLC in Houston, TX — $602K (2022) · Wallis Bank

Program: Preferred Lenders Program
Rate at approval: 5% variable
Term: 126 months
SBA guaranteed: $452K (75%)
Approval → funding: 0 days
Approved: 1/31/2022
First disbursed: 1/31/2022
Loan status: Current
Loan type: Term loan
Collateral: Required
Business type: Corporation
Secondary market: Loan sold to investors
Jobs supported: 30
Business age: New Business or 2 years or less
Industry: Limited-Service Restaurants

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Universal Food Corp LLC in Houston, TX — $602K (2022) · Wallis Bank

Program: Preferred Lenders Program
Rate at approval: 5% variable
Term: 126 months
SBA guaranteed: $452K (75%)
Approval → funding: 0 days
Approved: 1/31/2022
First disbursed: 1/31/2022
Loan status: Current
Loan type: Term loan
Collateral: Required
Business type: Corporation
Secondary market: Loan sold to investors
Jobs supported: 30
Business age: New Business or 2 years or less
Industry: Limited-Service Restaurants

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New Kess LLC in Denton, TX — $496K (2022) · purchase · Bank of Hope

Program: Preferred Lenders Program
Rate at approval: 5.75% variable
Term: 120 mo (10 yrs)
SBA guaranteed: $372K (75%)
Approval → funding: 8 days
Approved: 6/29/2022
First disbursed: 7/7/2022
Loan status: Current
Loan type: Term loan
Collateral: Required
Business type: Corporation
Secondary market: Loan sold to investors
Jobs supported: 15
Business age: Change of Ownership
Industry: Limited-Service Restaurants

If you were the buyer here

Est. deal size: $551K
Est. down payment (10%): $55K
Est. cash at closing: $74K
Monthly payment: $5,445
Annual debt service: $65K
Cash flow needed (1.25×): $82K

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AH & JP Inc in Irving, TX — $3.2M (2021) · Commonwealth Business Bank

Program: Preferred Lenders Program
Rate at approval: 4.5% variable
Term: 300 mo (25 yrs)
SBA guaranteed: $2.9M (90%)
Approval → funding: 7 days
Approved: 4/21/2021
First disbursed: 4/28/2021
Loan status: Current
Loan type: Term loan
Collateral: Required
Business type: Corporation
Secondary market: Loan sold to investors
Jobs supported: 25
Business age: Existing or more than 2 years old
Industry: Limited-Service Restaurants

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DAEBAK LLC in Grand Prairie, TX — $2.3M (2021) · Commonwealth Business Bank

Program: Preferred Lenders Program
Rate at approval: 4.75% variable
Term: 300 mo (25 yrs)
SBA guaranteed: $2.1M (90%)
Approved: 9/16/2021
Loan status: Cancelled
Loan type: Term loan
Collateral: Required
Business type: Corporation
Jobs supported: 21
Business age: New Business or 2 years or less
Industry: Limited-Service Restaurants

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BACKER INC in Wichita Falls, TX — $2.0M (2021) · Regions Bank

Program: Preferred Lenders Program
Rate at approval: 4.82% fixed
Term: 240 mo (20 yrs)
SBA guaranteed: $1.8M (90%)
Approval → funding: 14 days
Approved: 5/26/2021
First disbursed: 6/9/2021
Loan status: Current
Loan type: Term loan
Collateral: Required
Business type: Corporation
Jobs supported: 15
Business age: Existing or more than 2 years old
Industry: Limited-Service Restaurants

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