Lilley's Automotive Repair Inc.
Lilley's Automotive Repair Inc. is a general automotive repair business in Austin, Texas, classified under NAICS 811111 (General Automotive Repair). The company was financed with an SBA 7(a) loan for a change of ownership of $1,179,000, approved on April 1, 2025, by Security State Bank and Trust. The business is listed as a franchise of All Tune Total Care / All Tune and Lube.
SBA 7(a) loan, change of ownership, approved Apr 1, 2025
$1,179,000 approvedLender: Security State Bank and Trust10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $1,179,000
- SBA-guaranteed amount
- $884,250 (75% of the approval)
- Lender
- Security State Bank and Trust, Fredericksburg, TX
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- April 1, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $14,935 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Apr 30, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 7
- Business type
- Corporation
- NAICS
- 811111, General Automotive Repair
- Franchise
- All Tune Total Care / All Tune and Lube
- Project location
- Travis County, TX
- SBA district office
- San Antonio District Office
- Congressional district
- TX-10
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 54% of acquisition loans in General Automotive Repair on this site.
- Average acquisition loan in General Automotive Repair: $1,353,136.
- Average acquisition loan in Texas: $1,944,682.
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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