G3 Enterprise Group, LLC
G3 Enterprise Group, LLC, located in Parma, OH, operates in the automotive parts and accessories retailers industry (NAICS 441330). The company was financed with an SBA 7(a) loan for a change of ownership of $506,000, approved on April 4, 2026, through Live Oak Banking Company.
SBA 7(a) loan, change of ownership, approved Apr 4, 2026
$506,000 approvedLender: Live Oak Banking Company10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $506,000
- SBA-guaranteed amount
- $379,500 (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
- 8.25%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- April 4, 2036 (estimated, approval date plus term)
- Estimated monthly payment
- $6,206 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Apr 24, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 8
- Business type
- Corporation
- NAICS
- 441330, Automotive Parts and Accessories Retailers
- Project location
- Cuyahoga County, OH
- SBA district office
- Columbus District Office
- Congressional district
- OH-09
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 2% of acquisition loans in Automotive Parts and Accessories Retailers on this site.
- Average acquisition loan in Automotive Parts and Accessories Retailers: $1,270,623.
- Average acquisition loan in Ohio: $1,840,340.
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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