Main Street Registry

JC automotive accessories LLC

Temecula, CA · General Automotive Repair · NAICS 811111

JC automotive accessories LLC is a general automotive repair business in Temecula, California, classified under NAICS code 811111. The company was financed with an SBA 7(a) loan for a change of ownership of $1.45 million, approved on October 18, 2023, through U.S. Bank, National Association.

SBA 7(a) loan, change of ownership, approved Oct 18, 2023

$1,450,000 approvedLender: U.S. Bank, National Association10 years termStatus not reported (SBA exemption)Loan details
Gross approval
$1,450,000
SBA-guaranteed amount
$1,087,500 (75% of the approval)
Lender
U.S. Bank, National Association, Cincinnati, OH
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
8.5%, fixed
Term
10 years (120 months)
Estimated maturity
October 18, 2033 (estimated, approval date plus term)
Estimated monthly payment
$17,978 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Nov 8, 2023
Loan status
Status not reported (SBA exemption)
Jobs supported
5
Business type
Corporation
NAICS
811111, General Automotive Repair
Project location
Riverside County, CA
SBA district office
Santa Ana District Office
Congressional district
CA-42
Collateral
Yes
Guaranteed portion sold on secondary market
Not reported as sold
Revolving line of credit
No (term loan)
  • Larger than 66% of acquisition loans in General Automotive Repair on this site.
  • Average acquisition loan in General Automotive Repair: $1,353,136.
  • Average acquisition loan in California: $1,688,228.

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 California