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Buffalo Transmission & Auto Care Acquisition LLC

Buffalo, MN · General Automotive Repair · NAICS 811111

Buffalo Transmission & Auto Care Acquisition LLC is a general automotive repair business located in Buffalo, Minnesota, classified under NAICS code 811111. The company was financed with an SBA 7(a) loan for a change of ownership totaling $604,000, approved on March 26, 2025 by Security Bank & Trust Company.

SBA 7(a) loan, change of ownership, approved Mar 26, 2025

$604,000 approvedLender: Security Bank & Trust Company10 years termStatus not reported (SBA exemption)Loan details
Gross approval
$604,000
SBA-guaranteed amount
$453,000 (75% of the approval)
Lender
Security Bank & Trust Company, Glencoe, MN
Processing method
Standard 7(a): the lender submits the application for SBA review
Initial interest rate
8.08%, variable
Term
10 years (120 months)
Estimated maturity
March 26, 2035 (estimated, approval date plus term)
Estimated monthly payment
$7,354 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Apr 24, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
4
Business type
Corporation
NAICS
811111, General Automotive Repair
Project location
Wright County, MN
SBA district office
Minnesota District Office
Congressional district
MN-06
Collateral
Yes
Guaranteed portion sold on secondary market
Not reported as sold
Revolving line of credit
No (term loan)
  • Larger than 12% of acquisition loans in General Automotive Repair on this site.
  • Average acquisition loan in General Automotive Repair: $1,353,136.
  • Average acquisition loan in Minnesota: $1,482,119.

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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Same industry in Minnesota