Main Street Registry

Pine Automotive Repair Centers LLC

Monroe, NC · General Automotive Repair · NAICS 811111

Pine Automotive Repair Centers LLC is a general automotive repair business in Monroe, North Carolina. The company was financed with an SBA 7(a) loan for a change of ownership totaling $963,000, approved on December 10, 2025, through Fifth Third Bank.

SBA 7(a) loan, change of ownership, approved Dec 10, 2025

$963,000 approvedLender: Fifth Third Bank25 years termStatus not reported (SBA exemption)Loan details
Gross approval
$963,000
SBA-guaranteed amount
$722,250 (75% of the approval)
Lender
Fifth Third Bank, Cincinnati, OH
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
9.5%, variable
Term
25 years (300 months)
Estimated maturity
December 10, 2050 (estimated, approval date plus term)
Estimated monthly payment
$8,414 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Dec 31, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
4
Business type
Corporation
NAICS
811111, General Automotive Repair
Project location
Union County, NC
SBA district office
North Carolina District Office
Congressional district
NC-09
Collateral
Yes
Guaranteed portion sold on secondary market
Not reported as sold
Revolving line of credit
No (term loan)
  • Larger than 42% of acquisition loans in General Automotive Repair on this site.
  • Average acquisition loan in General Automotive Repair: $1,353,136.
  • 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.

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Same industry in North Carolina