J.A.R. Capital Group, Inc.
J.A.R. Capital Group, Inc. is a motor vehicle body manufacturing business in Tempe, AZ, operating under NAICS code 336211. The company was financed with an SBA 7(a) loan for a change of ownership, with a loan amount of $5 million approved on November 18, 2023, through UMB Bank, National Association.
SBA 7(a) loan, change of ownership, approved Nov 18, 2023
- Gross approval
- $5,000,000
- SBA-guaranteed amount
- $3,750,000 (75% of the approval)
- Lender
- UMB Bank, National Association, Kansas City, MO
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9.5%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- November 18, 2033 (estimated, approval date plus term)
- Estimated monthly payment
- $64,699 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Dec 6, 2023
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 38
- Business type
- Corporation
- NAICS
- 336211, Motor Vehicle Body Manufacturing
- Project location
- Maricopa County, AZ
- SBA district office
- Arizona District Office
- Congressional district
- AZ-09
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Average acquisition loan in Motor Vehicle Body Manufacturing: $3,048,000.
- Average acquisition loan in Arizona: $1,690,811.
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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