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Oxford Auto and Tire Center LLC

Oxford, CT · General Automotive Repair · NAICS 811111

Oxford Auto and Tire Center LLC, located in Oxford, Connecticut, operates in the General Automotive Repair industry (NAICS 811111). The company was financed with an SBA 7(a) loan for a change of ownership of $1,485,000, approved on November 13, 2025, through Live Oak Banking Company.

SBA 7(a) loan, change of ownership, approved Nov 13, 2025

$1,485,000 approvedLender: Live Oak Banking Company25 years termStatus not reported (SBA exemption)Loan details
Gross approval
$1,485,000
SBA-guaranteed amount
$1,113,750 (75% of the approval)
Lender
Live Oak Banking Company, Wilmington, NC
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
8%, variable
Term
25 years (300 months)
Estimated maturity
November 13, 2050 (estimated, approval date plus term)
Estimated monthly payment
$11,461 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Dec 4, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
9
Business type
Corporation
NAICS
811111, General Automotive Repair
Project location
Naugatuck Vly County, CT
SBA district office
Connecticut District Office
Congressional district
CT-03
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 67% of acquisition loans in General Automotive Repair on this site.
  • Average acquisition loan in General Automotive Repair: $1,353,136.
  • Average acquisition loan in Connecticut: $1,992,959.

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 Connecticut