Main Street Registry

Cunningham Auto Repair Service LLC

Ottsville, PA · General Automotive Repair · NAICS 811111

Cunningham Auto Repair Service LLC, located in Ottsville, Pennsylvania, operates in the General Automotive Repair industry (NAICS 811111). The business was financed with an SBA 7(a) loan for a change of ownership totaling $2,015,000, with Live Oak Banking Company as the lender and an approval date of September 28, 2026.

SBA 7(a) loan, change of ownership, approved Sep 28, 2026

$2,015,000 approvedLender: Live Oak Banking Company25 years termCommitted, not fully disbursedLoan details
Gross approval
$2,015,000
SBA-guaranteed amount
$1,511,250 (75% of the approval)
Lender
Live Oak Banking Company, Wilmington, NC
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
7.75%, variable
Term
25 years (300 months)
Estimated maturity
September 28, 2051 (estimated, approval date plus term)
Estimated monthly payment
$15,220 Estimated payment at the initial rate over the full term; actual terms vary.
Loan status
Committed, not fully disbursed
Jobs supported
7
Business type
Corporation
NAICS
811111, General Automotive Repair
Project location
Bucks County, PA
SBA district office
Philadelphia District Office
Congressional district
PA-01
Collateral
Yes
Guaranteed portion sold on secondary market
Not reported as sold
Revolving line of credit
No (term loan)
  • Larger than 83% of acquisition loans in General Automotive Repair on this site.
  • Average acquisition loan in General Automotive Repair: $1,353,136.
  • Average acquisition loan in Pennsylvania: $1,636,965.

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 Pennsylvania