Fox Bee-Line, Inc.
Fox Bee-Line, Inc. is a specialized automotive repair business in Lancaster, PA, under NAICS code 811114. The company was financed with an SBA 7(a) loan for a change of ownership in the amount of $3.25 million, approved on February 19, 2025, by Port 51 Lending LLC.
SBA 7(a) loan, change of ownership, approved Feb 19, 2025
$3,250,000 approvedLender: Port 51 Lending LLC10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $3,250,000
- SBA-guaranteed amount
- $2,437,500 (75% of the approval)
- Lender
- Port 51 Lending LLC, New York, NY
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 10.5%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- February 19, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $43,854 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Mar 13, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 19
- Business type
- Corporation
- NAICS
- 811114, Specialized Automotive Repair
- Project location
- Lancaster County, PA
- SBA district office
- Philadelphia District Office
- Congressional district
- PA-11
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 89% of acquisition loans in Specialized Automotive Repair on this site.
- Average acquisition loan in Specialized Automotive Repair: $1,800,258.
- 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
- Meenan Transmission & Driveline, Willow Grove
- Come On Bro Auto LLC, Latrobe