Main Street Registry

GSGG - Don and Joe's, LLC

Carmel, IN · General Automotive Repair · NAICS 811111

GSGG - Don and Joe's, LLC is a general automotive repair business located in Carmel, Indiana. The company was financed with an SBA 7(a) loan for a change of ownership, approved on August 25, 2025, with a loan amount of $1,740,000 from Citizens State Bank of New Castle.

SBA 7(a) loan, change of ownership, approved Aug 25, 2025

$1,740,000 approvedLender: Citizens State Bank of New Castle134 months termStatus not reported (SBA exemption)Loan details
Gross approval
$1,740,000
SBA-guaranteed amount
$1,305,000 (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
9.5%, variable
Term
11 years, 2 months (134 months)
Estimated maturity
October 25, 2036 (estimated, approval date plus term)
Estimated monthly payment
$21,115 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Aug 29, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
15
Business type
Corporation
NAICS
811111, General Automotive Repair
Franchise
Napa AutoCare Program Membership Agreement
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 76% 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.

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Same industry in Indiana