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Patriot Automotive Group Custer Road, LLC

Plano, TX · General Automotive Repair · NAICS 811111

Patriot Automotive Group Custer Road, LLC is a general automotive repair business in Plano, Texas, classified under NAICS 811111. It was financed with an SBA 7(a) loan for a change of ownership totaling $1,150,000, approved on May 4, 2026 by Live Oak Banking Company.

SBA 7(a) loan, change of ownership, approved May 4, 2026

$1,150,000 approvedLender: Live Oak Banking Company123 months termStatus not reported (SBA exemption)Loan details
Gross approval
$1,150,000
SBA-guaranteed amount
$862,500 (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
8.25%, variable
Term
10 years, 3 months (123 months)
Estimated maturity
August 4, 2036 (estimated, approval date plus term)
Estimated monthly payment
$13,884 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
May 14, 2026
Loan status
Status not reported (SBA exemption)
Jobs supported
15
Business type
Corporation
NAICS
811111, General Automotive Repair
Project location
Collin County, TX
SBA district office
Dallas / Ft Worth District Office
Congressional district
TX-03
Collateral
Yes
Guaranteed portion sold on secondary market
Not reported as sold
Revolving line of credit
No (term loan)
  • Larger than 51% 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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