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Detroit Transmission Specialists, Inc.

Denver, CO · General Automotive Repair · NAICS 811111

Detroit Transmission Specialists, Inc., located in Denver, CO, operates in General Automotive Repair (NAICS 811111). The business financed real estate or equipment through an SBA 504 loan of $1,083,000, approved on September 27, 2024, with Harvest Commercial Capital, LLC as the bank partner and Pikes Peak Regional Development Corporation as the certified development company.

SBA 504 loan, approved Sep 27, 2024

$1,083,000 SBA portionCDC: Pikes Peak Regional Development Corporation25 years termStatus not reported (SBA exemption)Loan details
SBA (CDC) portion
$1,083,000
Bank portion
$1,169,378
Estimated project size
$2,502,642 (estimated)
Estimated owner equity
$250,264 (estimated, about 10% of the project)
Bank lender
Harvest Commercial Capital, LLC, Laguna Hills, CA
CDC
Pikes Peak Regional Development Corporation
Processing method
504 Refinancing: refinances existing business debt
Term
25 years (300 months)
Estimated maturity
September 27, 2049 (estimated, approval date plus term)
First disbursement
Jan 15, 2025
Loan status
Status not reported (SBA exemption)
Business type
Corporation
NAICS
811111, General Automotive Repair
Project location
Denver County, CO
SBA district office
Colorado District Office
Congressional district
CO-1
Collateral
Yes

Estimated share of project by source

Bank 47% SBA (CDC) 43% Owner 10%

  • Larger than 20% of expansion loans in General Automotive Repair on this site.
  • Average expansion loan in General Automotive Repair: $1,564,197.
  • Average expansion loan in Colorado: $2,096,252.

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 Colorado