Horsman Automotive
Horsman Automotive is located in Santee, CA, and the SBA lists its industry as General Automotive Repair. It was approved for an SBA 504 loan ($2,171,000 SBA portion) on May 26, 2026 to finance real estate or equipment.
SBA 504 loan, approved May 26, 2026
- SBA (CDC) portion
- $2,171,000
- Bank portion
- $2,600,000
- Estimated project size
- $5,301,111 (estimated)
- Estimated owner equity
- $530,111 (estimated, about 10% of the project)
- Bank lender
- Bank of America N.a., Charlotte, NC
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- May 26, 2051 (estimated, approval date plus term)
- Loan status
- Approved, not yet funded
- Jobs supported
- 14
- Business type
- Corporation
- NAICS
- 811111, General Automotive Repair
- Project location
- San Diego County, CA
- SBA district office
- San Diego District Office
- Congressional district
- CA-50
- Collateral
- Yes
Estimated share of project by source
Bank 49% SBA (CDC) 41% Owner 10%
- Larger than 84% of expansion loans in General Automotive Repair on this site.
- Average expansion loan in General Automotive Repair: $1,564,197.
- Average expansion loan in California: $2,161,468.
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 California
- Casting Stones LLC, Danville
- Pauleen Bajwa & Mckellar Enterprises, Modesto
- Amaxi Motors Inc., Oakland
- Sonora Auto Body Repair Inc., Sonora
- Mao Enterprises LLC, Fremont
- Extra Mile Automotive LLC, Templeton
- JR-DARIO'S THE KAR SHOP, Inc., Newark
- Expertec Automotive, Inc., Costa Mesa