Hatton Auto Supply, LLC
Hatton Auto Supply, LLC is located in Seymour, IN, and the SBA lists its industry as Automotive Parts and Accessories Retailers. It was approved for an SBA 7(a) loan of $990,000 for a change of ownership on March 26, 2025.
SBA 7(a) loan, change of ownership, approved Mar 26, 2025
- Gross approval
- $990,000
- SBA-guaranteed amount
- $742,500 (75% of the approval)
- Lender
- Centra Credit Union, Columbus, IN
- Processing method
- Standard 7(a): the lender submits the application for SBA review
- Initial interest rate
- 7.5%, fixed
- Term
- 7 years (84 months)
- Estimated maturity
- March 26, 2032 (estimated, approval date plus term)
- Estimated monthly payment
- $15,185 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Apr 15, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 13
- Business type
- Corporation
- NAICS
- 441330, Automotive Parts and Accessories Retailers
- Franchise
- NAPA Trademark Agreement
- Project location
- Jackson County, IN
- SBA district office
- Indiana District Office
- Congressional district
- IN-06
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 57% 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 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
- CES Holdings LLC, Lawrenceburg