Jobin Automotive, LLC
Jobin Automotive, LLC is an automotive oil change and lubrication shop located in Hendersonville, NC. The business was financed with an SBA 7(a) loan for a change of ownership of $3,215,000, approved by American Momentum Bank on September 29, 2026.
SBA 7(a) loan, change of ownership, approved Sep 29, 2026
$3,215,000 approvedLender: American Momentum Bank25 years termCommitted, not fully disbursedLoan details
- Gross approval
- $3,215,000
- SBA-guaranteed amount
- $2,411,250 (75% of the approval)
- Lender
- American Momentum Bank, College Station, TX
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 8.5%, variable
- Term
- 25 years (300 months)
- Estimated maturity
- September 29, 2051 (estimated, approval date plus term)
- Estimated monthly payment
- $25,888 Estimated payment at the initial rate over the full term; actual terms vary.
- Loan status
- Committed, not fully disbursed
- Jobs supported
- 14
- Business type
- Corporation
- NAICS
- 811191, Automotive Oil Change and Lubrication Shops
- Project location
- Henderson County, NC
- SBA district office
- North Carolina District Office
- Congressional district
- NC-11
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 86% of acquisition loans in Automotive Oil Change and Lubrication Shops on this site.
- Average acquisition loan in Automotive Oil Change and Lubrication Shops: $1,684,836.
- Average acquisition loan in North Carolina: $1,952,444.
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 North Carolina
- A Plus GMSL NC, LLC, Salisbury