Gold Coast Motors, Inc.
Gold Coast Motors, Inc. is a used car dealer located in St. Charles, Illinois, classified under NAICS code 441120. The company was approved for an SBA 504 loan of $1,291,000 from GreenState CU on December 19, 2025, through the Small Business Growth Corporation, to finance real estate or equipment.
SBA 504 loan, approved Dec 19, 2025
$1,291,000 SBA portionCDC: Small Business Growth Corporation20 years termApproved, not yet fundedLoan details
- SBA (CDC) portion
- $1,291,000
- Bank portion
- $1,254,000
- Estimated project size
- $2,827,778 (estimated)
- Estimated owner equity
- $282,778 (estimated, about 10% of the project)
- Bank lender
- GreenState CU, North Liberty, IA
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 20 years (240 months)
- Estimated maturity
- December 19, 2045 (estimated, approval date plus term)
- Loan status
- Approved, not yet funded
- Jobs supported
- 1
- Business type
- Corporation
- NAICS
- 441120, Used Car Dealers
- Project location
- Kane County, IL
- SBA district office
- Illinois District Office
- Congressional district
- IL-6
- Collateral
- Yes
Estimated share of project by source
Bank 44% SBA (CDC) 46% Owner 10%
- Larger than 30% of expansion loans in Used Car Dealers on this site.
- Average expansion loan in Used Car Dealers: $1,930,870.
- Average expansion loan in Illinois: $2,310,827.
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 Illinois
- Smart Choice Auto Sales, Inc., Godfrey
- Elite Motors, Inc., Gurnee
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