Auto Air & Complete Car Care LLC
Auto Air & Complete Car Care LLC is a general automotive repair business located in New Palestine, Indiana, in the NAICS industry 811111. The company was financed with an SBA 7(a) loan for a change of ownership of $732,800, approved through Fifth Third Bank with an approval date of September 29, 2026.
SBA 7(a) loan, change of ownership, approved Sep 29, 2026
$732,800 approvedLender: Fifth Third Bank10 years termCommitted, not fully disbursedLoan details
- Gross approval
- $732,800
- SBA-guaranteed amount
- $549,600 (75% of the approval)
- Lender
- Fifth Third Bank, Cincinnati, OH
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 8.75%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- September 29, 2036 (estimated, approval date plus term)
- Estimated monthly payment
- $9,184 Estimated payment at the initial rate over the full term; actual terms vary.
- Loan status
- Committed, not fully disbursed
- Jobs supported
- 9
- Business type
- Corporation
- NAICS
- 811111, General Automotive Repair
- Project location
- Hancock County, IN
- SBA district office
- Indiana District Office
- Congressional district
- IN-06
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 25% of acquisition loans in General Automotive Repair on this site.
- Average acquisition loan in General Automotive Repair: $1,353,136.
- Average acquisition loan in Indiana: $1,995,900.
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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