LCV Holdings, LLC
LCV Holdings, LLC is an automotive parts and accessories retailer in Batavia, IL, classified under NAICS 441330 (Automotive Parts and Accessories Retailers). The business was financed with an SBA 7(a) loan for a change of ownership of $1,080,000, approved by First American Bank with an approval date of May 22, 2026.
SBA 7(a) loan, change of ownership, approved May 22, 2026
$1,080,000 approvedLender: First American Bank299 months termStatus not reported (SBA exemption)Loan details
- Gross approval
- $1,080,000
- SBA-guaranteed amount
- $810,000 (75% of the approval)
- Lender
- First American Bank, Elk Grove Village, IL
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 7.48%, variable
- Term
- 24 years, 11 months (299 months)
- Estimated maturity
- April 22, 2051 (estimated, approval date plus term)
- Estimated monthly payment
- $7,976 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jun 5, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 5
- Business type
- Corporation
- NAICS
- 441330, Automotive Parts and Accessories Retailers
- Project location
- Kane County, IL
- SBA district office
- Illinois District Office
- Congressional district
- IL-14
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 64% 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 Illinois: $1,796,780.
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 Illinois
- DG Auto Center, LLC, Darien