Main Street Registry

Gsgg - Discount Auto Repair, LLC

Carmel, IN · General Automotive Repair · NAICS 811111

Gsgg - Discount Auto Repair, LLC is a general automotive repair business located in Carmel, Indiana, classified under NAICS 811111. The business was financed with an SBA 7(a) loan for a change of ownership totaling $930,000, approved on May 6, 2026 by Citizens State Bank of New Castle.

SBA 7(a) loan, change of ownership, approved May 6, 2026

$930,000 approvedLender: Citizens State Bank of New Castle10 years termStatus not reported (SBA exemption)Loan details
Gross approval
$930,000
SBA-guaranteed amount
$697,500 (75% of the approval)
Lender
Citizens State Bank of New Castle, New Castle, IN
Processing method
Standard 7(a): the lender submits the application for SBA review
Initial interest rate
8.25%, variable
Term
10 years (120 months)
Estimated maturity
May 6, 2036 (estimated, approval date plus term)
Estimated monthly payment
$11,407 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
May 14, 2026
Loan status
Status not reported (SBA exemption)
Jobs supported
6
Business type
Corporation
NAICS
811111, General Automotive Repair
Project location
Hamilton County, IN
SBA district office
Indiana District Office
Congressional district
IN-05
Collateral
Yes
Guaranteed portion sold on secondary market
Not reported as sold
Revolving line of credit
No (term loan)
  • Larger than 39% of acquisition loans in General Automotive Repair on this site.
  • Average acquisition loan in General Automotive Repair: $1,353,136.
  • Average acquisition loan in Indiana: $1,995,900.

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 Indiana