Bright Faith Ltd
2410 South New Road, Waco, TX 76711 · Hotels (except Casino Hotels) and Motels (NAICS 721110)
Loan Summary
Source: SBA FOIA Loan-Level DataTotal Loans
3
Total Amount
$5.1M
Jobs Supported
59
Years Active
2000–2015
Loan History (3)
Source: SBA FOIA7(a)$3,803,500
Exempt
- Approved
- Feb 24, 2015 (FY2015)
- SBA Guaranteed
- $2,852,625 (75%)
- Term
- 240 months (20.0 yrs)
- Interest Rate
- 5.75%
- Revolver
- 0
- Jobs Supported
- 15
- Business Type
- Partnership
- Industry
- Hotels (except Casino Hotels) and Motels (NAICS 721110)
Lender
Randolph-brooks Fcu
1, Ikea-rbfcu Parkway, Live Oak, TX 78233
Project Location
Mclennan County, TX
7(a)$250,000
Paid in Full
- Approved
- Feb 24, 2015 (FY2015)
- SBA Guaranteed
- $125,000 (50%)
- Term
- 84 months (7.0 yrs)
- Interest Rate
- 5.50%
- Revolver
- 1
- Jobs Supported
- 15
- Business Type
- Partnership
- Industry
- Hotels (except Casino Hotels) and Motels (NAICS 721110)
- Paid in Full
- Sep 30, 2021
Lender
Randolph-brooks Fcu
1, Ikea-rbfcu Parkway, Live Oak, TX 78233
Project Location
Mclennan County, TX
504$1,000,000
Paid in Full
- Approved
- Sep 25, 2000 (FY2000)
- Term
- 240 months (20.0 yrs)
- Jobs Supported
- 29
- Business Type
- Partnership
- Paid in Full
- Jun 30, 2006
Certified Development Company (CDC)
Capital Certified Development
4330 Gaines Ranch Loop, Austin, TX 78735
Project Location
Mclennan County, TX
Business Details
- Business Type
- Partnership
- NAICS Code
- 721110 — Hotels (except Casino Hotels) and Motels
- Address
- 2410 South New Road
Waco, TX 76711
Lender
- Randolph-brooks Fcu
- 1, Ikea-rbfcu Parkway, Live Oak, TX 78233