Car One USA LLC
Car One USA LLC is located in Hollywood, FL, and the SBA lists its industry as Used Car Dealers. It was approved for an SBA 7(a) loan of $3,000,000 for a change of ownership on August 7, 2025.
SBA 7(a) loan, change of ownership, approved Aug 7, 2025
- Gross approval
- $3,000,000
- SBA-guaranteed amount
- $2,250,000 (75% of the approval)
- Lender
- Midwest Regional Bank, Festus, MO
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 10.25%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- August 7, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $40,062 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Aug 25, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 12
- Business type
- Corporation
- NAICS
- 441120, Used Car Dealers
- Project location
- Broward County, FL
- SBA district office
- South Florida District Office
- Congressional district
- FL-20
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 60% of acquisition loans in Used Car Dealers on this site.
- Average acquisition loan in Used Car Dealers: $2,484,440.
- Average acquisition loan in Florida: $1,808,559.
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 Florida
- Merit Auto Group LLC, Jacksonville
- Orange Truck Sales, Orlando
- Modern Auto Sales of Hollywood, Hollywood
- Mateo Holdings, LLC, Tampa
- E E & P Properties, LLC, Jacksonville
- Truck and Van Outlet, Miami