Deyoung European Motors, Inc.
Deyoung European Motors, Inc. is located in Prescott, Arizona, and its industry is listed as General Automotive Repair (NAICS 811111). The company was financed with an SBA 7(a) loan for a change of ownership of $841,400, approved on April 12, 2025, by Zions Bancorporation, National Association.
SBA 7(a) loan, change of ownership, approved Apr 12, 2025
$841,400 approvedLender: Zions Bancorporation, National Association10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $841,400
- SBA-guaranteed amount
- $631,050 (75% of the approval)
- Lender
- Zions Bancorporation, National Association, Salt Lake City, UT
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 8%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- April 12, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $10,209 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Apr 21, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 5
- Business type
- Corporation
- NAICS
- 811111, General Automotive Repair
- Project location
- Yavapai County, AZ
- SBA district office
- Arizona District Office
- Congressional district
- AZ-04
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 33% of acquisition loans in General Automotive Repair on this site.
- Average acquisition loan in General Automotive Repair: $1,353,136.
- Average acquisition loan in Arizona: $1,690,811.
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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