Main Street Registry

Bayside Body Shop

Kill Devil Hills, NC · Automotive Body, Paint, and Interior Repair and Maintenance · NAICS 811121

Bayside Body Shop, located in Kill Devil Hills, NC, operates in automotive body, paint, and interior repair and maintenance. The business was financed with an SBA 7(a) loan for a change of ownership totaling $1,485,900, approved by First Bank with an approval date of May 1, 2026.

SBA 7(a) loan, change of ownership, approved May 1, 2026

$1,485,900 approvedLender: First Bank10 years termStatus not reported (SBA exemption)Loan details
Gross approval
$1,485,900
SBA-guaranteed amount
$1,114,425 (75% of the approval)
Lender
First Bank, Southern Pines, NC
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
9.75%, variable
Term
10 years (120 months)
Estimated maturity
May 1, 2036 (estimated, approval date plus term)
Estimated monthly payment
$19,431 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
May 15, 2026
Loan status
Status not reported (SBA exemption)
Jobs supported
10
Business type
Corporation
NAICS
811121, Automotive Body, Paint, and Interior Repair and Maintenance
Project location
Dare County, NC
SBA district office
North Carolina District Office
Congressional district
NC-03
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 53% of acquisition loans in Automotive Body, Paint, and Interior Repair and Maintenance on this site.
  • Average acquisition loan in Automotive Body, Paint, and Interior Repair and Maintenance: $1,738,412.
  • Average acquisition loan in North Carolina: $1,952,444.

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.

Is this your company? Claim or correct this listing. See Corrections.

Same industry in North Carolina